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Old 30th Oct 2012, 15:15
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Ryanair v EI

FR have no interest in taking over EI they have an exit strategy ready to role and might just keep the longhaul planes , but as stated by MOL , they will be moved to Belgium. Of course no one believes a word MOL says , a man wose relationship with the truth is infrequent tosay the least .
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Old 30th Oct 2012, 15:25
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Aer Lingus unions plan two-hour strike - RT News

16 November 10.00-12.00 strike. Can't see much impact on passengers as there will only be a handful of flights at those times.
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Old 30th Oct 2012, 16:15
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Can't see much impact on passengers as there will only be a handful of flights at those times.
There should be at least 15 (taking into account arrivals and departures),including two T/A not to mention the knock-on effect. I'll bet all those pax will be awfully pleased with the fact that they're expendable and being sacrificed "for the cause".
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Old 30th Oct 2012, 17:30
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I've to go to London the Monday after that.

I guess I'm going to book BA for safety.
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Old 30th Oct 2012, 23:06
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Originally Posted by EI-EIDW
I can gaurantee you that FR won't take over EI
No you can't so stop waffling. Given the EC's recent decision to delay the probe further into February, it's actually more likely now than ever that Ryanair will be given approval to takeover Aer Lingus.
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Old 30th Oct 2012, 23:10
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No you can't so stop waffling. Given the EC's recent decision to delay the probe further into February, it's actually more likely now than ever that Ryanair will be given approval to takeover Aer Lingus
approval may be given but it dosn't mean a takeover will happen...
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Old 31st Oct 2012, 10:45
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approval may be given but it dosn't mean a takeover will happen...
True

Given that many people are sitting on losses and not likely to recover,

option 1 - take a price 30% above existing share price or

option 2 - hold out assuming that at some day way way into the future the share price may equal what they bought it, assumming pension fund doesn't force them into bankruptcy

Only just over 20% of shares needs to be bought by Ryanair to gain control.
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Old 5th Nov 2012, 20:16
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Latest re FR bid - MOL lies catch up with him ???

Finance & Stock Market News



EU to oppose Ryanair, Aer Lingus deal - source

Mon, 5th Nov 2012 17:00


BRUSSELS, Nov 5 (Reuters) - EU antitrust regulators plan to object to Ryanair's proposed takeo

ver of rival Aer Lingus because the Irish budget airline has not offered sufficient concessions, a person familiar with the matter said on Monday.

'A statement of objections is likely,' said the person, who declined to be named because of the sensitivity of the matter.

A statement of objections is a confidential document issued by the European Commission that sets out in detail the concerns it has about a proposed merger or takeover deal.

The person said the objections were likely to be sent to Ryanair in the coming week or two.

The source said the European Commission had not sought feedback from consumers or competing airlines on the concessions offered by Ryanair, indicating that it was unconvinced by the airline's arguments.
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Old 5th Nov 2012, 20:23
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They had us scared for a sec. Hope these rumours can be confirmed in the coming weeks.
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Old 5th Nov 2012, 20:30
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MOL not convincing ???? never

The source said the European Commission had not sought feedback from consumers or competing airlines on the concessions offered by Ryanair, indicating that it was unconvinced by the airline's arguments.


I love the last bit as above, they didnt believe a word he said and didnt have to ask anyone else for an opinion, they must have read Justice Kelly summary from Supreme Court ruling against MOL, funny how no one believes a word he says
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Old 6th Nov 2012, 02:12
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If Aer Lingus stock was so undervalued then its stock price would be well above the €1.04 it finished at on Friday, in fact well above the €1.30 of the last bid, the market doesn't think it is................not a shock really.
If 'The Market' believed the FR bid was certain to succeed that share price would be pegged at 1.30 since the bid announcement.
Seems the market doesn't believe it either.
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Old 7th Nov 2012, 16:07
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Aer Lingus Q3 Results

1 - 9 months of 2012 = 86.5 million profit 29.7% ahead of 2011
2 - Strong Q3 with operating profit of 90.9 million (business traveling dropped with Olampics)
3 - Passengers in Q3 up 2%
4 - Yield per passenger up 7.2% with Long Haul up 11.5%
5 - Forword bookings as of 30 Sep are up on 2011
6 - Greenfield targets achived more than expected
7 - LHR-EDI decision will be made on 15 November
8 - Regional growth at Dublin is restricted due to lack of bussing gates
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Old 8th Nov 2012, 17:44
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I really can't see MOL having any soft spot for EI or its unionised workforce somehow?
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Old 9th Nov 2012, 11:41
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Just hearing from a source in Aer Lingus that we should be hearing about an Aer Lingus/El Al Israel Airlines codeshare shortly.
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Old 9th Nov 2012, 15:30
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According to Flightglobal magazine, Aer Lingus expects a decision next week on it's bid for slots at Heathrow to operate between Edinburgh and London-Heathrow.

Below is the full article from Flightglobal's subscription service:

"Aer Lingus has revealed further details of its plan to launch domestic UK services from London Heathrow airport to Edinburgh in order to break British Airways' monopoly on the route.

Some 14 Heathrow slots are being relinquished by International Airlines Group, BA's parent company, as a pre-condition for its takeover of BMI. Seven of the slots have been ringfenced for Edinburgh or Aberdeen.

So far, Virgin is the only other bidder for the Edinburgh slots, though Aer Lingus remains confident that it can secure the rights to the route.

The Irish flag carrier says if it is successful then the route - its first on the UK mainland - will launch for the summer 2013 season. It plans to deploy a 174-seat Airbus A320 to link the two capital cities."
And here's another article from TravelWeekly: Aer Lingus expects decision soon on UK domestic service - www.travelweekly.co.uk


I'd be very surprised if there wasn't some behind-the-scenes discussions going on between Aer Lingus and BA that would allow BA to feed passengers onto it's long-haul flights from Scotland indirectly through a code share with Aer Lingus.

Either way, if Aer Lingus obtain these slots they're gonna need a long-haul partner to fill 6 flights a day. So if not BA, then maybe if Virgin Atlantic lose out to Aer Lingus we could see some form of a tie-up between the 2 carriers.
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Old 9th Nov 2012, 16:57
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A codeshare with EI AI Israel Airlines ??? So could we see them coming to Dublin ??
Also with all these new codeshares with Air Canada, Etihad, Air Berlin, EI AI (last 2 only rumors) and EI looking to operate LHR-EDI and EI moving to BHD.
Do you think this could all be to Do with the FR takeover ??? Could All of these new codeshares/base changes make it harder for FR to try and takeover EI ??
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Old 9th Nov 2012, 17:06
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I'd say it's more likely they'd connect with each other at LHR than have El Al come do DUB.
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Old 9th Nov 2012, 19:10
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Originally Posted by Mlinnie
Also with all these new codeshares with Air Canada, Etihad, Air Berlin, EI AI (last 2 only rumors) and EI looking to operate LHR-EDI and EI moving to BHD.
Do you think this could all be to Do with the FR takeover ??? Could All of these new codeshares/base changes make it harder for FR to try and takeover EI ??
I think the additional code shares are more to do with securing feeder traffic on EI's LHR-DUB flights. Given BA's entry onto the market, EI can no longer rely on feeder traffic from BA long-haul, and as such must secure traffic from other carriers at LHR.
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Old 9th Nov 2012, 20:16
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I think the additional code shares are more to do with securing feeder traffic on EI's LHR-DUB flights. Given BA's entry onto the market, EI can no longer rely on feeder traffic from BA long-haul, and as such must secure traffic from other carriers at LHR.
Sounds plausible explanation.
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Old 14th Nov 2012, 21:36
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Aer Lingus Strike OFF

Good to see the Aer Lingus two hours strike for next Monday called off.
Dublin, Shannon and Cork airports would have been closed if the strike went ahead.
The dispute is over a multi million shortfall in the pension pot.
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