Aer Lingus - 6
Yeah, whatever you say. It's not his money, I agree, but he's the CEO and responsible for all the time energy and cash wasted in the futile effort to takeover EI.
They might well get their money back, more by luck than planning, and thanks to his mate Willy. But the loss of face is enormous. He failed - with a Capital F - to destroy his only home competitor.
Besides that, it has been a waste of his time and energy, a 7 year distraction that led to absolutely zilch.
If IAG wasn't interested in buying right now he'd be facing a fire sale, forced on him by the courts, and a financial wipeout.
The fact that he's got nothing to say any more just shows he's beaten, and accepts it.
Ta Ra.
They might well get their money back, more by luck than planning, and thanks to his mate Willy. But the loss of face is enormous. He failed - with a Capital F - to destroy his only home competitor.
Besides that, it has been a waste of his time and energy, a 7 year distraction that led to absolutely zilch.
If IAG wasn't interested in buying right now he'd be facing a fire sale, forced on him by the courts, and a financial wipeout.
The fact that he's got nothing to say any more just shows he's beaten, and accepts it.
Ta Ra.
Lets see Ryanair in 2006 was talking of Passengers numbers of 35 million, Revenue of 1.7 billion and profits of 300 Million, in 2015 its roughly 90 million passengers and profits of around 800 million plus giving shareholders 520 million in February 2015.
yup they really have struggled.
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The late flights from Cork and Dublin to Heathrow have been cancelled today due to anticipated weather.
No sense in flying empty aircraft!
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BFS Watcher;
Why does it look like it will be a very expensive move to BHD? Is the case complete? My reckoning would be that EI made the greatest investment of resources into BFS, and beyond 5 years sounds like an excessive contract length without a break ...
When does the case conclude?
EI-BUD
Why does it look like it will be a very expensive move to BHD? Is the case complete? My reckoning would be that EI made the greatest investment of resources into BFS, and beyond 5 years sounds like an excessive contract length without a break ...
When does the case conclude?
EI-BUD
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British airways really don't like upping their offers much. This attempt will probably fail too, I don't see them being third time lucky. As mentioned earlier 2.60 might suffice but I'd think higher.
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EI offer
Well to be fair British Airways have not made a bid offer, IAG have and this is a Spainish based holding company who will bid only what they see is a fair price given their shareholders have to meet and approve any increased offer ,
It seems to me IAG really want EI , but want a fair price , I think after three offers EI have to put it to the shareholders , given only 2 large shareholders
FR and Irish Gov then these two get to decide ? Interesting weekend ahead
For some, still 2.50 is getting there , FR paid an average price of 2.57 I think so just a wee bit more ,,,,
It seems to me IAG really want EI , but want a fair price , I think after three offers EI have to put it to the shareholders , given only 2 large shareholders
FR and Irish Gov then these two get to decide ? Interesting weekend ahead
For some, still 2.50 is getting there , FR paid an average price of 2.57 I think so just a wee bit more ,,,,
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Suspect IAG will have to drop conditions also, not just about the price!
I think EI could easoly squeese another offer of 2.60-65 from IAG after that I think IAG might give it a break for a while.
Would love to know CM view and how much of an infulence he is having in the background.
I think EI could easoly squeese another offer of 2.60-65 from IAG after that I think IAG might give it a break for a while.
Would love to know CM view and how much of an infulence he is having in the background.
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I think that's a bad decision if its made. They could milk IAG for another few cents per share. Although AerLingus were never much good at cutting deals were they? They didnt milk Airbus at all.
Well to be fair British Airways have not made a bid offer, IAG have and this is a Spainish based holding company who will bid only what they see is a fair price given their shareholders have to meet and approve any increased offer ,
It seems to me IAG really want EI , but want a fair price , I think after three offers EI have to put it to the shareholders , given only 2 large shareholders
FR and Irish Gov then these two get to decide ? Interesting weekend ahead
For some, still 2.50 is getting there , FR paid an average price of 2.57 I think so just a wee bit more ,,,,
It seems to me IAG really want EI , but want a fair price , I think after three offers EI have to put it to the shareholders , given only 2 large shareholders
FR and Irish Gov then these two get to decide ? Interesting weekend ahead
For some, still 2.50 is getting there , FR paid an average price of 2.57 I think so just a wee bit more ,,,,
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I think that's a bad decision if its made. They could milk IAG for another few cents per share. Although AerLingus were never much good at cutting deals were they? They didnt milk Airbus at all.
And you know this how?
AerLingus have survived and thrived in the face of huge rivalry from Europe's lowest cost airline. This does not sound like an airline that was 'much good at cutting deals'.
EI-BUD
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Going by the BBC business web page they are saying that EI are going to accept?