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Aer Lingus - 6

Old 21st Jun 2013, 11:45
  #1621 (permalink)  
 
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The above mentioned link for anyone interested:
State to become a ?more active? shareholder in Aer Lingus now that stake is not being sold - Tourism News | Travel & Tourism Industry News | The Irish Times - Fri, Jun 21, 2013

Good to see the state taking a more active role in EI, if they're going to keep their stake they may as well be putting it to good use.
And people think politicians with agenda of vested interests is a good thing in running an airline.

How well are Irish politicians ruining their economy again ?
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Old 21st Jun 2013, 11:46
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There is no strike, there will only be a strike if the management don't come to a reasonable compromise. It's not that there will be one and they're looking around for a nice date.
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Old 21st Jun 2013, 12:18
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321, your going to have to smell the coffee here. Management are not paid to do reasonable compromises being on multi , multi 100k bonus's together with an utter long standing distain of the pilot body doesn't help.
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Old 21st Jun 2013, 12:26
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And that'd be why the vote was taken to put industirial action on the table if they refused to act reasonably in negociations...
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Old 21st Jun 2013, 19:25
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Did I hear a white flag was seen waving amongst the sand dunes?
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Old 21st Jun 2013, 19:28
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To answer 'Paul from Dublin'......

EI will not be launching a west coast route in Oct. If they do launch a west coast route it would be for next Summer (April-ish start date)

The EI Winter schedule is already locked down. And 3 months notice is too soon to start a new route, winter launches wouldn't be the best time of the year anyway. I would hazard a guess that we will see an announcement 8-10 months in advance of any west coast route.


As for the pilots issue......I see it as EI mgmt reneging on a deal that they shook hands on. I would fully support the company not awarding increments if the company was doing badly and needed the sacrifice........but at present EI have not enough seats on their A330 for the demand, their A320 are mostly full and they have a higher profit margin than FR.
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Old 21st Jun 2013, 23:09
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@DollarBill

Did the pilots not demand a lump sum contribution to their pension and is that not what triggered the non-payment of the increment, the same as for the rest of the staff?
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Old 22nd Jun 2013, 15:02
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Aer Lingus - 6

Many thanks for the info DollarBill. I can go ahead with the booking. Will be trying out the front of the plane which will be a first for me and my companion with EI.
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Old 26th Jun 2013, 15:30
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Interesting Development

Department asks that Ryanair be ordered to sell Aer Lingus stake - Independent.ie
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Old 26th Jun 2013, 20:35
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Minority shareholder attempts to use foreign laws to disenfranchise other minority shareholder and impose conditions to ensure nobody can challenge their shareholding.

Yup that one will fall flat on its face in a courtroom.
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Old 26th Jun 2013, 21:00
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It's good for us all

FR have repeatedly operated routes in direct competition with rivals out of Ireland purely to chase away said competition, and then when said competition ceases ops on said route, FR either bump up the price massively or cease said route altogether ( think EZY in SNN or some of Aer Arann's domestic routes). If FR were to buy EI then the consumer would suffer.

Also the repeated FR takeover attempts have prevented fleet/base expansion by EI on numerous occassions. 2 successful airlines operating multiple routes from Irish Airports is good for the consumer. And don't give the FlyBe excuse, we know exactly what FR would do after their protection is up

Last edited by Una Due Tfc; 26th Jun 2013 at 21:31. Reason: typos
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Old 26th Jun 2013, 21:41
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Also the repeated FR takeover attempts have prevented fleet/base expansion by EI on numerous occassions.
Which base expansion did it prevent ?

Gatwick...
Belfast...

And how did FR takeover attempts prevent EI spending so much on paying employees tax or yet more pension contributions ?
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Old 26th Jun 2013, 22:08
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FR have repeatedly operated routes in direct competition with rivals out of Ireland purely to chase away said competition, and then when said competition ceases ops on said route, FR either bump up the price massively or cease said route altogether
A tactic that EI used to employ quite a lot (using tax payers money), with much success against new entrants into the Irish market and it nearly succeeded with FR too, prior to Minister Seamus Brennan "calling off" the then wholly owned State flag carrier and allowing FR the room to get a foot hold.

JAS
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Old 26th Jun 2013, 22:19
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Una due tfc
Couldn't agree more in my view FR have been totally predatory:
- went after EZY rigorously then abandoned most routes
- Followed Go onto EDI and charged £5 e/w until they axed routes
- Pursued RE's business and penetrated their thin routes with similar routes ex SNN and of course ORK DUB is no more
- and now Wizzair ex Cork, lets see how the frequency pans out there post wizz
- for these reasons the stage is set and few carriers will dare to enter the market

Great to see now that despite the failure of the base outside of the Island of Ireland , the airline is focussing on its areas of strength ie transatlantic flying And connectivity via DUB. And this is enabling new routes like Stockholm and Verona . Moreover, as the airline recognised the scale of ops at LGW wasn't working it has emergent strategy ie transatlantic and their new arrangement with little red and they tell us to expect more of this.

For all their faults they have stood the test of time are profitable. Can compete effectively with Ryanair , where most else have failed.

Finally, great to see the BHD base performing well especially euro routes. London routes future also looks bright as BE prepare to exit in 2014.

Last edited by EI-BUD; 27th Jun 2013 at 10:22.
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Old 27th Jun 2013, 09:01
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Base expansion

Last time FR were making a hostile takeover bid (ie not the most recent failure, but the one before) EI were operating 320s out of Aldergrove. As I'm sure any readers of this thread from Belfast will testify, Aldergrove is a bit annoying for them being so far outside the city. Meanwhile FR were operating 738s out of Belfast City with reduced loads due to MTOW restrictions from City's short Runway, and as a result were making a loss. So of course they pulled out of Belfast altogether.

During the lull between the two most recent bids, EI were free to spend some of their cash again, so bought some slightly smaller aircraft (a319s) and moved to Belfast City.

FR's single type aircraft fleet was unsuitable for EGAC, however due to EI's Independence, they were able to make some changes and exploit this. As a result BA do not have a monopoly on the Heathrow route ( which they would do without EI even if FR do go back ). So an example of how having them separate from eachother is better for the consumer, no?

And as for EI chasing other airlines off routes years ago, yes they did,and it was bad for the public. Difference is, EI did it 30 years ago and were finally made to stop, FR are doing it NOW.
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Old 27th Jun 2013, 09:37
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Racedo

What is your problem with EI? Its clearly personal. Every post you make on this forum is completely negative against them. I just wonder whats behind it all?
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Old 28th Jun 2013, 02:02
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Question

Floss, I agree ref. Racedo.
A paid stalking horse, perhaps?
Sad existence if true.
But.... paid by whom ?
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Old 28th Jun 2013, 20:06
  #1638 (permalink)  
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Listen guys this nonsense with throwing mud and insults has got to stop.

The first time I see that it has started again I plan to close the thread until you all play by the rules and stick to the topic.

I am getting fed up clearing up all the fits and toys. I have better things to do.

If you find that you cannot follow the rules find yourself another site.

PPP
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Old 29th Jun 2013, 14:47
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Minority shareholder attempts to use foreign laws to disenfranchise other minority shareholder and impose conditions to ensure nobody can challenge their shareholding.

I have to agree with Racedo here.. .....seems a bit of a cop out for the Irish Govt to get the UK OFT to do something because the Irish corporate regulations are not comprehensive enough.
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Old 29th Jun 2013, 20:55
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If, for example, previously BA had had a 30% share in BMI and both were flying UK-IRL I cannot see how the Irish Govt or its people could have cared less about a large and a small UK airline.

So, try as I might, I can't see how the UK Govt. could really care less about a large and a small Irish airline. The EU doesn't appear to have a problem with it either.

So, draw your own conclusions.
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