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Aer Lingus - 6

Old 25th May 2013, 13:48
  #1521 (permalink)  
 
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Especially when you consider their biggest rival is based in DUB
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Old 26th May 2013, 10:16
  #1522 (permalink)  
 
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Uk to force FR to reduce shareholding

Nice one if it happens
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Old 26th May 2013, 16:18
  #1523 (permalink)  
 
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Is that based on rumour or fact ?
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Old 26th May 2013, 16:23
  #1524 (permalink)  
 
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It's from The Independent, UK Competition Commission may tell Ryanair to sell half their stake in Aer Lingus.

Ryanair's dream to be grounded: Watchdog poised to order Michael O'Leary to halve carrier's stake in Aer Lingus - Business News - Business - The Independent

The final report is due in July.
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Old 27th May 2013, 06:47
  #1525 (permalink)  
 
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Ryanair have been successfully swimming against the current since they started. Look where they are today.

Looking at the from the safety of the river bank their journey certainly seems rougher than going with the flow but one can't argue with the success they are having especially when you realise the other competitors are actually being swept downstream and don't seem to appreciate the finish line is actually behind them, in the other direction.
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Old 27th May 2013, 08:17
  #1526 (permalink)  
 
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"Nice one if it happens"

Hanger 6, it may not be the dream or victory you think it will be if MOL is forced to sell his shareholding in EI. MOL is a very astute business man. If he can't buy EI then he may just decide to flood the market on EI routes and virtually run EI into the ground. If that we're to happen then I'm quite sure the Irish government would go cap in hand begging for FR to buy what remained of EI. Food for thought?

Maggot
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Old 27th May 2013, 09:22
  #1527 (permalink)  
 
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IAG to buy it and use Dublin as a stopover to clear customs and immigration for some of their US flights and as a stopover on way back to drop off and pick up. BA strength is as a predominantely a UK-US carrier.

IAG then use the additional slots they have to further develop their route network to the east.
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Old 27th May 2013, 11:38
  #1528 (permalink)  
 
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Originally Posted by racedo View Post
IAG to buy it and use Dublin as a stopover to clear customs and immigration for some of their US flights and as a stopover on way back to drop off and pick up. BA strength is as a predominantely a UK-US carrier.

IAG then use the additional slots they have to further develop their route network to the east.
The US customs/immigration preclearance is entirely subject to the whim of the US government. The facility at Shannon has recently had its longstanding afternoon hours curtailed, under the pretext of "saving government money" but actually due to lobbying in Washington by US carriers who saw the success of the BA London City to JFK service using this, which they had no equivalent service for, so their Washington contacts came up with a way to spike the service.

If IAG developed a big advantage using this service, then it may well miraculously just disappear.
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Old 27th May 2013, 11:46
  #1529 (permalink)  
 
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If IAG developed a big advantage using this service, then it may well miraculously just disappear.
IAG would care little as the would already have the slots and then just use EI to feed LHR-US traffic with a minimum number of flights from Dub / SNN.
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Old 27th May 2013, 11:56
  #1530 (permalink)  
 
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IAG to buy it and use Dublin as a stopover to clear customs and immigration for some of their US flights and as a stopover on way back to drop off and pick up. BA strength is as a predominantely a UK-US carrier.

IAG then use the additional slots they have to further develop their route network to the east.
Ohhhhhhhh that's genius. "Look chaps, we've had enough of flying from LHR to the US direct, we've had a whizz bang idea of using Dublin. In Ireland. Then we can lose even more flying East where we're being killed by the loss of our QANTAS JV, Emirates, Qatar, Etihad and Thai. Spaffing idea eh?"

Even for you racedo, that's off the wall....
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Old 27th May 2013, 12:23
  #1531 (permalink)  
 
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Mirrored my thoughts Skipness, fr take over a sure thing...wrong, share price will dive without mol..... wrong, EI pension deal a poor deal... Market reaction?... wrong. You really can't get anything right can you? I realise of course you have your agenda but as truth and Mol are strange bed fellows so reality and old racedo have long since parted company.
To be fair your posts have given me pause for thought in years gone by, a kind of 'what if the little fella's right? ' but you've been so wrong for so long now... Best thing you can do is change your handle, cos baby this ones lost all credibility on this thread. Now you have yourself a really super day racedo... got notin but love for you.
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Old 27th May 2013, 12:26
  #1532 (permalink)  
 
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Looks like the EI share price has risen sharply on the news that Ryanair will be forced to sell their stake, currently trading at €1.63!!!

Highest Share price since September 2008, co-incidentally just before the second Ryanair takeover bid... Looks like Ryanair's stake really has been keeping the share price artificially low...

Investor Relations - Share price information - Corporate Aer Lingus

Last edited by Aerlingus231; 27th May 2013 at 12:34.
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Old 27th May 2013, 12:30
  #1533 (permalink)  
 
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Ohhhhhhhh that's genius. "Look chaps, we've had enough of flying from LHR to the US direct, we've had a whizz bang idea of using Dublin. In Ireland. Then we can lose even more flying East where we're being killed by the loss of our QANTAS JV, Emirates, Qatar, Etihad and Thai. Spaffing idea eh?"

Even for you racedo, that's off the wall....
Never suggested they would do it to many flights but as requirement to buy Irish Govt shareholding they will be required to use LHR-DUB slots then stop off in Dub kills 2 birds with maintaining some semblance of a T/A Link.
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Old 27th May 2013, 13:11
  #1534 (permalink)  
 
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Aer Lingus shares jump 7.7% as proposals to fix pension deficit prove less onerous - Tourism News | Travel & Tourism Industry News | The Irish Times - Mon, May 27, 2013

Shares in Aer Lingus jump nearly 8pc - Independent.ie

Ryanair may have to sell half of its Aer Lingus stake - Independent.ie

Last edited by dublinaviator; 27th May 2013 at 13:13.
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Old 27th May 2013, 14:01
  #1535 (permalink)  
 
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How can the UK competition commission force a foreign (Irish owned) business to do anything?

Surely that is what the European bodies, or the Irish competition watchdog is there for.

Is this a case of the UK (again) forgetting that the Irish Republic is neither part of the UK, nor an overseas colony?
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Old 27th May 2013, 14:03
  #1536 (permalink)  
 
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How can the UK competition commission force a foreign (Irish owned) business to do anything?

Surely that is what the European bodies, or the Irish competition watchdog is there for.

Is this a case of the UK (again) forgetting that the Irish Republic is neither part of the UK, nor an overseas colony?
They can't but they can stop Ryanair from operating in the UK.
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Old 27th May 2013, 15:17
  #1537 (permalink)  
 
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Aer Lingus in action over Ryanair takeover bid - RTÉ News
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Old 27th May 2013, 16:06
  #1538 (permalink)  
 
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They can't but they can stop Ryanair from operating in the UK.
Despite the wishes and desires of more than a few on here they could not do that as that would be contrary to EU law.
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Old 27th May 2013, 18:16
  #1539 (permalink)  
 
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They can't but they can stop Ryanair from operating in the UK.
No I don't believe Ryanair can be stopped from operating in the UK. My limited understanding of their authority however is that they can fine Ryanair for every passenger they carry in the UK. This of course is post all the legal wranglings and appeals. I could be wrong on this but I think that this is the procedure they use to enforce their ruling. I wouldn't anticipate it going that far though. The appeals process could take up to a couple of years with the law firms dragging it out for as long as possible and licking their lips.

Ultimately I see Ryanair selling their share before an appeals process runs its course should an investor make a satisfactory offer for part or all of their shareholding. When will then happen is a huge fanfare with the usual rhetoric of Aer Lingus as an airline is doomed etc etc will take place for a few days. After that the event will be forgotten and life will carry on as normal for both airlines.

Last edited by Lord Lardy; 27th May 2013 at 18:29.
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Old 28th May 2013, 06:28
  #1540 (permalink)  
 
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Anyone know what day this week Aer sling us are announcing their new LH routes etc?

Thanks
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