Ryanair - 4
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As undoubtedly impartial as the Irish Green party is in relation to aviation generally and Ryanair specifically, he may have a point.
Given that the govt has been weathervaning on the whole issue, looking for others (such as the competition authorities) to make decisions for them, I tend to think that it would be no bad thing for control over EI's future to pass from the govt to MO'L. The difference is vision; MO'L has it, Cullen/Ahern etc. don't. It's all been about "stop FR at any cost", rather than any long term vision for the company (EI) and how it needs to position itself for the opportunities ahead.
MO'L has already extended a hand of friendship to EI, which has been spurned; FR's relationship with Boeing could be a very healthy avenue for EI to use, to develop its fleet, but the potential growth in Irish-US air services is likely to be far larger than the 12-14 acft EI keeps talking about. With EI's experience on the t/a routes over 40+ years and FR's experience in developing new markets, is it really that much to ask that the two can get together - particularly in a week when the DUP and SF reached an accommodation! (If they can work together ....)
Here's to another interesting week in Irish aviation.
Given that the govt has been weathervaning on the whole issue, looking for others (such as the competition authorities) to make decisions for them, I tend to think that it would be no bad thing for control over EI's future to pass from the govt to MO'L. The difference is vision; MO'L has it, Cullen/Ahern etc. don't. It's all been about "stop FR at any cost", rather than any long term vision for the company (EI) and how it needs to position itself for the opportunities ahead.
MO'L has already extended a hand of friendship to EI, which has been spurned; FR's relationship with Boeing could be a very healthy avenue for EI to use, to develop its fleet, but the potential growth in Irish-US air services is likely to be far larger than the 12-14 acft EI keeps talking about. With EI's experience on the t/a routes over 40+ years and FR's experience in developing new markets, is it really that much to ask that the two can get together - particularly in a week when the DUP and SF reached an accommodation! (If they can work together ....)
Here's to another interesting week in Irish aviation.
Join Date: May 2006
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How could they be expected to know what to do when you haven't issued any guidance for nearly a week? Where have you been? Have you been too busy? Did you get a job? Anyway thank God you're back. We can all sleep easier now.
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Sorry Akerosid, that was a kneejerk reaction and uncalled for. Seriously though, anyone accepting a hand of friendship from MOL would be well advised to count their fingers very carefully afterwards. One doesn't have to delve too deeply into the archives of pprune to find plenty of evidence that those who are naive enough to take his hand end up losing an arm and a leg.
Join Date: Nov 2005
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FR has in fact been interested in flying to Warsaw, but until recently it seemed to consider not Okecie but an old military base Modlin as its destination. However, the brief appearance of Warsaw on its map today suggests something different. Without any doubts Modlin will not be ready to accept FR planes in a few months, nor will be any other former military airport that could potentially be reshaped for civilian use (like Sochaczew to the West). So FR might indeed foresee using any of these intended-to-be lcc airports near Warsaw as its future base, but these not yet disclosed plans to fly to WAW can at present concern Okecie only, the main airport.
Another thing is new base announcement, which is expected to be established in the eastern EU shortly. There have been voices in favour of WRO or KRK, but KRK is already reaching its capacity, while WRO has no maintenance for 737. WAW might be perfect (lot of discounts when establishing new routes), market capacity, 737 maintenance by two co's (LH and LO), and a good position to expand FR, according to latest statements, into Ukraine and Russia, as well as possibility to expand operations into baltic statas or czech rep/hungary.
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Ryanair own 19.2% and not one share more.
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[quote=yonash;2910181] There have been voices in favour of WRO or KRK, but KRK is already reaching its capacity, while WRO has no maintenance for 737. quote]
So how is it possible that CO has two B737s based in WRO?
So how is it possible that CO has two B737s based in WRO?
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from bllomberg (press)
Ryanair waded into the market and snapped up 19.2 percent of the shares, which will be enough to give it a decisive voice in the future of the airline whatever happens. Whether it wins control remains to be seen -- certainly at the current price it seems unlikely.
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As far as i know, one is coming every day from WAW in the morning (reason for the only domestic route for C0), another is changed in the remote airport. In fact there's no same planes every day in WRO, they're being exchanged on a daily basis (max 2 days).
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Ryanair losses
Leo Hairy-Camel 11th October 18:53 http://www.pprune.org/forums/showthread.php?t=244938
"Yep, the very same. 8.5 million shares at €3.05. Yesterday’s market close was at €2.87, which makes for a loss of €1.53 million on the first day.
WELL DONE, LADS! Glad I don’t listen to the Dwarf for my investment advice. Gee whiz, I hope all this jiggery-pokery doesn’t drive the shares south of €2.80 again and into the sweet spot. RYR might yet not need to improve upon their offer after all. Thanks heaps, Evan. You are to investment advice what Bob Ayling was to the higher aspirations of corporate lawyers everywhere. HEMLOCK."
Let's look at this logically Mr. Hairy-Camel. The loss of 1.53million Euro pales into insignificance when compared to the loss of 193million Euro (note absence of decimal point
) in market cap. by Ryanair over the last 10 days. Strangely enough this has happened since the Ryanair takeover bid for Aer Lingus was launched.
Check it out out :
16th October
http://www.ise.ie/app/equityDetails.asp?equity=12724
6th October http://www.ise.ie/app/equityDetails....tart_year=2006
Funny old thing that a lot of the press has concentrated on this relatively small loss by a Pension fund and not the massive lack of confidence displayed by the now ex-shareholders of Ryanair. I'd say your sweating under your stylish checked collar. Your investors are baling out in numbers!
Enjoy your retirement.
"Yep, the very same. 8.5 million shares at €3.05. Yesterday’s market close was at €2.87, which makes for a loss of €1.53 million on the first day.
WELL DONE, LADS! Glad I don’t listen to the Dwarf for my investment advice. Gee whiz, I hope all this jiggery-pokery doesn’t drive the shares south of €2.80 again and into the sweet spot. RYR might yet not need to improve upon their offer after all. Thanks heaps, Evan. You are to investment advice what Bob Ayling was to the higher aspirations of corporate lawyers everywhere. HEMLOCK."
Let's look at this logically Mr. Hairy-Camel. The loss of 1.53million Euro pales into insignificance when compared to the loss of 193million Euro (note absence of decimal point
) in market cap. by Ryanair over the last 10 days. Strangely enough this has happened since the Ryanair takeover bid for Aer Lingus was launched. Check it out out :
16th October
http://www.ise.ie/app/equityDetails.asp?equity=12724
6th October http://www.ise.ie/app/equityDetails....tart_year=2006
Funny old thing that a lot of the press has concentrated on this relatively small loss by a Pension fund and not the massive lack of confidence displayed by the now ex-shareholders of Ryanair. I'd say your sweating under your stylish checked collar. Your investors are baling out in numbers!
Enjoy your retirement.
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Look at the current schedule. The route to WAW will be cancelled in October, and 2 B737's operate from Wroclaw starting the 28-th of October.
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He said, she said.
Well Hello, Camels Hoof!
Comparisons are always odious aren’t they, but I think you might need to review your sources of information. Comparing Ryanair shares with the Dwarf’s latest truly spectacular foray into corporate investments does you a disservice, I fear.
As you’ll see from the Financial Times, the Ryanair share price is currently at 8.605 Euros, correct at the time of me writing this, with an associated Market Capitalisation (what the company is worth based upon this share price) of 6.65 Billion Euros. Rather healthy as I’m sure you’ll agree. The real story, though, is that the shares in Ryanair have risen from a low of 6.32 Euros to the current price of 8.605 in less than a year. Crunch these numbers and I think you’ll find this represents an increase in value of 36.2% in less than a year. A bit better than you’ll get from the Bank of Ireland or HSBC, don’t you think Camels Hoof? Certainly a great deal better than putting your money in Dwarf Investments, Inc.
Aer Lingus, on the other hand, is currently trading at 2.88 Euros per share, valuing the airline at a whisker above 1.5 billion, and more interestingly for our purposes, rendering the Dwarf’s hysterical recent investment into a loss of 1.445 million Euros. I’ve heard of the kiss of death when it comes to investing, but squandering pension fund savings to such an extent takes the breath away.
Investors may, as you say, be bailing, Camels Hoof, but not from Ryanair. Lets hope for the Dwarf and the people whose retirement money he’s throwing away, that the AERL share price doesn’t slip too much more. If it dives beneath 2.80, less than 8 cents away, the feathers will fly, I can assure you.
Comparisons are always odious aren’t they, but I think you might need to review your sources of information. Comparing Ryanair shares with the Dwarf’s latest truly spectacular foray into corporate investments does you a disservice, I fear.
As you’ll see from the Financial Times, the Ryanair share price is currently at 8.605 Euros, correct at the time of me writing this, with an associated Market Capitalisation (what the company is worth based upon this share price) of 6.65 Billion Euros. Rather healthy as I’m sure you’ll agree. The real story, though, is that the shares in Ryanair have risen from a low of 6.32 Euros to the current price of 8.605 in less than a year. Crunch these numbers and I think you’ll find this represents an increase in value of 36.2% in less than a year. A bit better than you’ll get from the Bank of Ireland or HSBC, don’t you think Camels Hoof? Certainly a great deal better than putting your money in Dwarf Investments, Inc.
Aer Lingus, on the other hand, is currently trading at 2.88 Euros per share, valuing the airline at a whisker above 1.5 billion, and more interestingly for our purposes, rendering the Dwarf’s hysterical recent investment into a loss of 1.445 million Euros. I’ve heard of the kiss of death when it comes to investing, but squandering pension fund savings to such an extent takes the breath away.
Investors may, as you say, be bailing, Camels Hoof, but not from Ryanair. Lets hope for the Dwarf and the people whose retirement money he’s throwing away, that the AERL share price doesn’t slip too much more. If it dives beneath 2.80, less than 8 cents away, the feathers will fly, I can assure you.
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C0, as I told you, is either repositioning aircraft on 1-2day basis to WRO or switches the aircrafts in the different airports, e.g. WRO - CIA - KRK and another is KRK - CIA - WRO. In fact there are 2 different aircrafts & crews, but from the schedule it looks like it's being done by one.
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Its there but dont look for Reus or Girona!
Ryanair switched it into Barcelona (Reus) and Barcelona (Girona), so no longer Girona(Barcelona) , Reus (Barcelona)
.
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Just tried again still not there, I selected STN, then drop down bar for destination and still no REU, however I find it under find lowest fare.
This is all very strange, when the new MAD routes were on the route map, people were saying they could see them. but I couldnt after a few days I could see them, so what could MY problem be ?
This is all very strange, when the new MAD routes were on the route map, people were saying they could see them. but I couldnt after a few days I could see them, so what could MY problem be ?