Aer Lingus - 6
Join Date: Dec 2010
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Lets see Ireland is in massive recession, with massive unemployment and cutbacks still occuring, property down by 50-60% from peak and many people struggling just to pay mortgages and live
Is it possible.................etc etc etc
But let us ignore all that and go on your supposition
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Flying is still far cheaper relatively speakng than it was in the 1980's. The fact is that the numbers travelling through Cork and Dublin are very similar to the figures for 2004 when we were in a so called boom.
Of course the massive investment in the new terminal at Cork and T2 in Dublin was based on projections for massive growth which never materialised. I still think that there's too much emphasis on sun routes and that airlines should be more innovative.
Of course the massive investment in the new terminal at Cork and T2 in Dublin was based on projections for massive growth which never materialised. I still think that there's too much emphasis on sun routes and that airlines should be more innovative.
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I'm with Jack
Jack I agree,
Ireland is far from gone down the pan. As Europeans countries begin to open their hands you see that Ireland was simply the first to show it's debts.
Certain part of the economy are under pressure. But they were under pressure along time ago - they just managed to get some class of work. People are still getting jobs, I have friends who were either let go or moved jobs and had no difficulty getting a job. Yes of course there are those who struggle. BUT, 85% of the population is still working. A decent portion of those are earing decent enough a wage. The tightening is taking some of the greed out of the system. If you compare a basket of groceries you'll still see the UK can be cheaper than us. So, more price cuts need to come. We've got to cut deeper and people simply have to work for a living. The expectation of earning €1000.00 a week for laying 10 blocks or doing a half days work needs to be moved on. Again yes of course there are those who work hard and always work hard. But there are those who wouldn't know a hard days work if it hit them on the head.
Now as a business owner, yes the banking regime is tough, but straight - ie if you want a mortgage - here's the criteria - not rocket science and providing you meet the criteria you get your mortgage. Purchasing property is now do-able - I couldn't think of buying last year - but I will this year. Oddly I'm taking on staff etc etc. So look, we're getting more compeditive, we're working harder, all we need now is the football team to do the business and we're on the pigs back.
Regards
Shamrogue
PS - I could put a lot more teeth on this argument but really couldn't be bothered - work to do
Ireland is far from gone down the pan. As Europeans countries begin to open their hands you see that Ireland was simply the first to show it's debts.
Certain part of the economy are under pressure. But they were under pressure along time ago - they just managed to get some class of work. People are still getting jobs, I have friends who were either let go or moved jobs and had no difficulty getting a job. Yes of course there are those who struggle. BUT, 85% of the population is still working. A decent portion of those are earing decent enough a wage. The tightening is taking some of the greed out of the system. If you compare a basket of groceries you'll still see the UK can be cheaper than us. So, more price cuts need to come. We've got to cut deeper and people simply have to work for a living. The expectation of earning €1000.00 a week for laying 10 blocks or doing a half days work needs to be moved on. Again yes of course there are those who work hard and always work hard. But there are those who wouldn't know a hard days work if it hit them on the head.
Now as a business owner, yes the banking regime is tough, but straight - ie if you want a mortgage - here's the criteria - not rocket science and providing you meet the criteria you get your mortgage. Purchasing property is now do-able - I couldn't think of buying last year - but I will this year. Oddly I'm taking on staff etc etc. So look, we're getting more compeditive, we're working harder, all we need now is the football team to do the business and we're on the pigs back.
Regards
Shamrogue
PS - I could put a lot more teeth on this argument but really couldn't be bothered - work to do
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Shamrogue, the CSO shows the 2011 population at 4.58 million, 1.82 million are working, 304,000 are not working. So that's 39% of the population are working, not 85%.
Its also worth noting that 1.3 million are not in the labor force, and about 1.3 million are under the age of 15.
That's quite a small working population to finance the required repayments
It will be interesting to see what happens in the Budget.
Mutt
(This should be message 236, following Shamrogues....)
Its also worth noting that 1.3 million are not in the labor force, and about 1.3 million are under the age of 15.
That's quite a small working population to finance the required repayments
It will be interesting to see what happens in the Budget.
Mutt
(This should be message 236, following Shamrogues....)
14% unemployment (-v- 20% in Spain), Ireland still has one of the highest GDP per capita with an average of $45,688. Cutbacks in the right area's which should have been done years ago, be carefull in suggesting all property is down by ''50-60%'' when that only accurred in towns such as Adamstown etc.. most citys lost between 20-30% relative to the UK during late 2008 i might add. 300,000 to 350,000 are in negative equity, with an estimated 20,000 to 35,000 struggling to pay mortgages, struggling to live is a MASSIVE overstatement something which i would come to expect from a non-national, with one of the highest doll payments in Europe defaulting on the breadline is rare and those people are looked after by different ngo's. Be carefull the next time you splash out the facts you think you know the next time racedo.
As for Spanish Unemployment the historic rate over last 25 years has rarely been less than 10% and never below 8% for any period of time so comparing a rise from 8% to 20% against a rise in Ireland from 4% to 14 % is way different.
As for 300-350k in negative equity that is a massive proportion of housing stock.
There is also a significant difference between the 2 countries as there is not a significant number of Spanish people as a proprtion of the total population who fly abroad V Ireland as inbound tourism is the norm in Spain.
I go on Irish CSO stats on house prices which show that on their index in 2007 was 130 now its 71 or a fall of 55%, so much for the small drop in Adamstown
. As for UK prices, well as use property investment as a way to ensure I will have a decent pension when I retire I can assure you that 55% decline in UK not an average nor anywhere even close....................wish it was as buy regularly. Nationwide HPI show 11% from 2007 to 2011, some regions a bit higher .
If Ireland was doing so well then IMF wouldn't be a regular visitor each month.
BUT, 85% of the population is still working.
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racedo what can i say about you really 
pure fool is about it.
Oh really thats why Dublin City changed from one of Europe's biggest slums to one of Europe's most wealthiest citys, poverty in Ireland fell to europe's second lowest after Monaco (HDI of 7th in the World) at one point, and you say GDP means ''jack sugar'' great use of my name there too racoon. Irish Jobs are being created, Debt will stop increasing in 2012, and then begin its long awaited fall.
Another buffoon statement, they visit every month (and have to under IMF conditions as per every country example the UK IMF bailout in 1976) to maintain our continuing success beating targets each month. The IMF have said visting Ireland has been different to anywhere else, the meetings are purley growth driven, the people welcome them, the people dont revolt, they speak at the ballot box, of those who do are in Sinn Fein and most from the radical left, the Irish were beaten and will pay for years to come. Dublin, Cork & Knock will increase passenger numbers next year versus 2011. The Irish although reckless were lead by a Property driven growth Government and this brought us to 30th September 2008, and the humiliating date of 14th of November 2010. But then again unlike the UK my people dont loot shops, destroy business, mug students and the general public because of an arrogance of social neglect, we united and thrive to find the best solution, the main reason Cameron and his Government attributed funds to the Irish-EU-IMF bailout, they will get it back with all the extra intrest. So Racedo do us all a favour and receed, it easy to tipe big words from behind a computer but a lot different in Public. Now i hope this thread is closed because its totally of topic and has become Political no doubt due to the wonderful contribution by racedo, which i will most likely see responding in the normal childish way i come to expect from an inept person.
pure fool is about it.
GDP per capita mean jack sugar as you can't spend it and quite a significant proprtion of Irish GDP is as a result of the Irish Govt policy to attract FDI and setting up of Headquarters in Ireland.
If Ireland was doing so well then IMF wouldn't be a regular visitor each month.
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Getting a little off topic....
Dublin - Stockholm & Maastricht will be 4 weekly
Dublin - Verona & Cork - Frankfurt will be 3 weekly
New routes for Aer Lingus next year just announced.
Dub to Stockholm, Verona and Maastricht.
Ork to Frankfurt.
Hot off the press.
Dub to Stockholm, Verona and Maastricht.
Ork to Frankfurt.
Hot off the press.
Dublin - Verona & Cork - Frankfurt will be 3 weekly
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Dublin - Stockholm & Maastricht will be 4 weekly
Dublin - Verona & Cork - Frankfurt will be 3 weekly
Dublin - Verona & Cork - Frankfurt will be 3 weekly
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Have no idea when they will be on sale but would expect it to be soon. Read it somewhere thats going to be the frequency.
Also Thomas Cook Ireland due to use there French flights next summer. (Nice, Lyon, Paris, Boradeux) as they are selling hoildays to France.
Also Thomas Cook Ireland due to use there French flights next summer. (Nice, Lyon, Paris, Boradeux) as they are selling hoildays to France.
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Growth
I won't labour this.
Looking at the UK, only this week, the boys at the top announced sorting the budget deficit as being more difficult than they ever planned. UK house holders are under pressure too.
Our IMF mire wwas partially created by the delightful banking fraternity - amongst others. Again back to "greed". WIth the average punter rowing in far deeper than they've ever done. You don't have to look too far back to see London houses selling for £35,000! And yes I bought one so go figure.
Booms and busts happen for economies all the time. Currently we're in the bust phase, looking at country spreadsheets in Europe - there well could be a few more.
It's more a case of get on with and stop wasting time on this rubbish. Look down your noses all you want. Most of us care not a jot. We'll get on with it anyways.
Chow for now.
Shamrogue
Looking at the UK, only this week, the boys at the top announced sorting the budget deficit as being more difficult than they ever planned. UK house holders are under pressure too.
Our IMF mire wwas partially created by the delightful banking fraternity - amongst others. Again back to "greed". WIth the average punter rowing in far deeper than they've ever done. You don't have to look too far back to see London houses selling for £35,000! And yes I bought one so go figure.
Booms and busts happen for economies all the time. Currently we're in the bust phase, looking at country spreadsheets in Europe - there well could be a few more.
It's more a case of get on with and stop wasting time on this rubbish. Look down your noses all you want. Most of us care not a jot. We'll get on with it anyways.
Chow for now.
Shamrogue
Oh really thats why Dublin City changed from one of Europe's biggest slums to one of Europe's most wealthiest citys, poverty in Ireland fell to europe's second lowest after Monaco (HDI of 7th in the World) at one point, and you say GDP means ''jack sugar'' great use of my name there too racoon. Irish Jobs are being created, Debt will stop increasing in 2012, and then begin its long awaited fall.
Debt will not stop increasing as a €21 billion budget deficit doesn't disappear and has to be funded. Even the cuts announced next week will not balance the budget.
For a debt to fall it has to be repaid and there is no way Ireland can afford to repay its debts.
Another buffoon statement, they visit every month (and have to under IMF conditions as per every country example the UK IMF bailout in 1976) to maintain our continuing success beating targets each month. The IMF have said visting Ireland has been different to anywhere else, the meetings are purley growth driven, the people welcome them, the people dont revolt, they speak at the ballot box, of those who do are in Sinn Fein and most from the radical left, the Irish were beaten and will pay for years to come. Dublin, Cork & Knock will increase passenger numbers next year versus 2011. The Irish although reckless were lead by a Property driven growth Government and this brought us to 30th September 2008, and the humiliating date of 14th of November 2010. But then again unlike the UK my people dont loot shops, destroy business, mug students and the general public because of an arrogance of social neglect, we united and thrive to find the best solution, the main reason Cameron and his Government attributed funds to the Irish-EU-IMF bailout, they will get it back with all the extra intrest. So Racedo do us all a favour and receed, it easy to tipe big words from behind a computer but a lot different in Public. Now i hope this thread is closed because its totally of topic and has become Political no doubt due to the wonderful contribution by racedo, which i will most likely see responding in the normal childish way i come to expect from an inept person.
Funny when your waffle statistics countered you go all indignant and righteous.
I'm no supporter of Cameron so care little of what is said about him or his ilk.
Going back to your attempted derailing with spurious statistics the level of consumer spend in Ireland declined by 10% in 2009, 1% in 2010 and is forecasted to decline by 2.5% in 2011 which is why airlines have removed, cancelled and changed routes out of Ireland.
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There may be some truth in the fact recession is affecting airlines in Ireland but much of this sounds like diversion tactics to avoid the true point of the discussion which errupted regarding Ryanair no longer being the biggest carrier in Dublin. I think the question also has to be raised as to whether the routes they opened we're over ambitious? Also Ryanair is famous for expanding heavilly at airports then cutting right back or even leaving altogether in a corporate version of throwing their toys out of the pram, blaming landing fees, government taxes, government policies, in fact anything but their own failure, and then in many cases the airport comes crawling back - but in Dublin's case I think they are more knowledgeable of Ryanair as airports go than anywhere else and are not afraid to accuse them of hyperbole on the front of their website. Obviously recession affects consumer spending and habits, but market share is a totally different matter.
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Aer Lingus launched a new in flight menu under sky deli on 1 December.
Also the trail of the premium economy meal on one of the JFK flights was a sucess and will be rolled out across all Long Haul flights early next year (Food options include stake/fish meal with bottle of wine)
Also the trail of the premium economy meal on one of the JFK flights was a sucess and will be rolled out across all Long Haul flights early next year (Food options include stake/fish meal with bottle of wine)
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