Aer Lingus - 6
Join Date: Mar 2005
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Well it's being working exactly like that for few years now, pay increases and performance boosts e.g. CEO.
Basic pay and pension contributions for both Executive Directors (Macfarlane and Mueller) has been unchanged since they were appointed. Total pay for Mueller was €1,132k, €1,244k and €1,293k in 2010, 2011 and 2012. Large amounts of money I agree, but the increase is driven by performance related bonus. Those are driven by metrics relating to shareholder value and individual performance - check the annual report for details. The share price this time 3 years ago in March 2011 was €0.75 - the share price today is €1.68 - would you complain about that? None of those increases would be driven by things like compensation achieved in court cases and suggesting otherwise is just dopey. I'm no fanboy or apologist for management but I'm not a fan of facts being treated as an obstacle to a good story.
Join Date: Dec 2010
Location: Ireland
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Riiiggght.....pretty lazy original statement and vague justification.
would you complain about that?
Jack
Simple Q on pensions re EI.
If Ryanair proposal had looked likely to suceed do you believe they would have helped fund pension deficit or would proposals that indicated a willingness to help fund it at bid stage have altered viewpoints ?
Simple Q on pensions re EI.
If Ryanair proposal had looked likely to suceed do you believe they would have helped fund pension deficit or would proposals that indicated a willingness to help fund it at bid stage have altered viewpoints ?
Join Date: Dec 2010
Location: Ireland
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Your 5 minutes is up!
If Ryanair proposal had looked likely to suceed do you believe they would have helped fund pension deficit or would proposals that indicated a willingness to help fund it at bid stage have altered viewpoints ?
), those who are retired get their pensions - And, for example Aer Lingus if it seeks to then set's up a realistic new scheme which is funded as it actually needs to be.The screw up that happened is primarily the fault of the the now defunct Aer Rianta, people talk about the pension's of those retired since '08 who in the majority of cases are yet to get there pensions, I think they'd all collapse if they new about the pensions in the early 2000's and before! Simple thing is IASS should have been wound-up or dealt with in the late 80's, how we're now in 2014 still with a growing deficit is beyond words frankly.
Again back to what Ryanair would have done, my opinion on them and Aer Lingus will never change, they never will get EI and that's case closed for starters but there management probably if been allowed to deal with IASS would have sorted it out in months again because they have the determination and balls to stand up to just do it as they showed from their own DB scheme which they closed at the start of 2014 and I'm sure they would have done it without leaving people high and dry as they did in their own when setting up the new DC Scheme. Again Aer Lingus and the DAA can do the same but there's a lack of determination to deal with it, and frankly its on all sides at the moment.
Again back to what Ryanair would have done, my opinion on them and Aer Lingus will never change, they never will get EI and that's case closed for starters but there management probably if been allowed to deal with IASS would have sorted it out in months again because they have the determination and balls to stand up to just do it as they showed from their own DB scheme which they closed at the start of 2014 and I'm sure they would have done it without leaving people high and dry as they did in their own when setting up the new DC Scheme.
Think what you said in terms of not leaving people high and dry and a new scheme would probably have happened..................in their interest to have done it right and probably got rid of SIPTU at same time.
Join Date: Dec 2010
Location: Ireland
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Not asking your opinion on them as figured it wouldn't move.
Think what you said in terms of not leaving people high and dry and a new scheme would probably have happened..................in their interest to have done it right and probably got rid of SIPTU at same time.
Think what you said in terms of not leaving people high and dry and a new scheme would probably have happened..................in their interest to have done it right and probably got rid of SIPTU at same time.
To be fair, only based that on the winding down of DB and opening up of the DC schemes, and yes your point holds a lot of merit.
You know a lot about FR so any idea as to whom those 120+ now DC pension holders are? I would assume those who retired with the deals they got in the Tony Ryan days (before '95)?
Ha, sorry if I disappointed!
You know a lot about FR so any idea as to whom those 120+ now DC pension holders are? I would assume those who retired with the deals they got in the Tony Ryan days (before '95)?
Join Date: Oct 2011
Location: Dublin
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Looks like Etihad may of being busy increasing their shares in EI for the third time in as many days.
Now rumoured to own around 5%, we might find out tomorrow.
Etihad spends millions buying 5% stake in Aer Lingus - Independent.ie
Now rumoured to own around 5%, we might find out tomorrow.
Etihad spends millions buying 5% stake in Aer Lingus - Independent.ie
Join Date: Sep 2012
Location: Ireland
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Join Date: Apr 2014
Location: Chicago
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Help!
Hello there! I'm Niamh and I really need help! My parents are both from Sligo so ever since I was little I've flown with Aer Lingus when I went back in the summer. I've always wanted to be a flight attendant. But I just don't know where to start! I need help and advice. I looked on the website at the qualifications and I have the 2 years of work experience from waitressing at a restaurant and I have an Irish passport. The only thing I don't have is the age.. I'm 18 right now and the requirement is at least 19. I don't mind waiting I just want advice on where to go what to do and how to prepare so that I can possibly apply next year. Also just a side note, I'm from Chicago and I live about 20 minutes away from O'Hare. Any words of wisdom would be really helpful! Thank you! 
Join Date: Sep 2002
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Hello Niamh,
If you click on the full list of PPRuNe forums in the dropdown menu, you will find that one of the forums is called "Cabin Crew Wannabes". You may find some helpful general advice in there (although I haven't read it through to check). Also, if you repeat your question over there it may be read by a number of additional people who are in a position to give you some useful advice. Best of luck with your career choice!
If you click on the full list of PPRuNe forums in the dropdown menu, you will find that one of the forums is called "Cabin Crew Wannabes". You may find some helpful general advice in there (although I haven't read it through to check). Also, if you repeat your question over there it may be read by a number of additional people who are in a position to give you some useful advice. Best of luck with your career choice!
Join Date: Jun 2011
Location: London, UK & Europe
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Pilots will soon be using ipads instead of in flight paper work. 500 ipads ordered and expected to cut 98% of printing currently required.
Aer Lingus pilots to use iPads instead of in-flight paperwork - Independent.ie
Aer Lingus pilots to use iPads instead of in-flight paperwork - Independent.ie
Aer Lingus Q1 '14 results are out.
Reporting from RTÉ, 1st May 2014
Aer Lingus reports deeper first quarter losses - RTÉ News
JAS
Aer Lingus has reported an operating loss of €48.5m in the first three months of the year, an increase of 6.6% on the same time last year. The airline said the loss was down to a later Easter and the negative effect of threatened industrial action on booking volumes in March. The first quarter is seasonally loss making for the airline.
Aer Lingus reports deeper first quarter losses - RTÉ News
JAS