Aer Lingus Sale?
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Aer Lingus Sale?
Will a Aer Lingus sale effect Aer Arann and will there be a need for Aer Lingus Regional? If buyer see no room for a regional as part of buying Aer Lingus then Arann in trouble.
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The contract between RE and EI will still stand. The buyer just might not renew the contract. I think the intial contract was for 3 years. If the contract does end then i agree, RE would be in real trouble. But it seems to be working very well so far so i see it continuing.
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Extremely well. At the airport where I work most of our flights are at least a 3rd full with 3 EI Regional flights a day to DUB it works very well. The onwards connections that are offered on our morning Dublin are increasingly popular as well, with great destinations to the US.
I really hope that the sale of Aer Fungus will not affect the franchise agreement with Aer Arann. If it does, then I really think that it will spell the end of RE.
EI have saved them [RE] from the brink of bankruptcy really and ending it now would end EIs planned expansion into regional airports without the need to actually expand.
So I really hope that things will work out for the better for everyone. RE is a great company and it would be a great shame to see them go
I really hope that the sale of Aer Fungus will not affect the franchise agreement with Aer Arann. If it does, then I really think that it will spell the end of RE.
EI have saved them [RE] from the brink of bankruptcy really and ending it now would end EIs planned expansion into regional airports without the need to actually expand.
So I really hope that things will work out for the better for everyone. RE is a great company and it would be a great shame to see them go
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If a sale goes ahead then I would see no reason for a new owner to have Aer Arann onboard, I think at the moment its working well for Aer Lingus as a money saving option, a new buyer might not see this way and that is why I would see a breaking of agreements on the cards for Arann,@speedbird, Great company to work for, I dont think so why then is so many staff and senior management after leaving the company over the past 6 months?
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If a sale goes ahead then I would see no reason for a new owner to have Aer Arann onboard, I think at the moment its working well for Aer Lingus as a money saving option, a new buyer might not see this way and that is why I would see a breaking of agreements on the cards for Arann,@speedbird, Great company to work for, I dont think so why then is so many staff and senior management after leaving the company over the past 6 months?
Over a third of Aer Lingus passengers on North American routes are now transfer passengers, a big part of that is thanks to Aer Lingus Regional.
I was only aware of rumours of a minority 25% being potentially for sale. I wasn't aware Aer Lingus itself was up for sale.
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Sale of gov't stake not now likely.
2,000,000,000 euro to be raised by a partial sale of the ESB.
That is the amount required under the EU/IMF deal.
Further sale of State assets not necessary.
2,000,000,000 euro to be raised by a partial sale of the ESB.
That is the amount required under the EU/IMF deal.
Further sale of State assets not necessary.
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Methinks you are dreaming Peacock
State to proceed with plan to sell its 25% share in Aer Lingus - The Irish Times - Thu, Sep 15, 2011
Also were the EU/IMF not talkiing about raising 5bn through sales of state assets last week rather than the 2bn originally planned? They also havent decided how much of the ESB to sell so its impossible to say it will raise X amount until that % is known?
State to proceed with plan to sell its 25% share in Aer Lingus - The Irish Times - Thu, Sep 15, 2011
Also were the EU/IMF not talkiing about raising 5bn through sales of state assets last week rather than the 2bn originally planned? They also havent decided how much of the ESB to sell so its impossible to say it will raise X amount until that % is known?
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Originally Posted by Lord Lardy
I was only aware of rumours of a minority 25% being potentially for sale. I wasn't aware Aer Lingus itself was up for sale.
Originally Posted by peacock1
Sale of gov't stake not now likely.
2,000,000,000 euro to be raised by a partial sale of the ESB.
That is the amount required under the EU/IMF deal.
Further sale of State assets not necessary.
2,000,000,000 euro to be raised by a partial sale of the ESB.
That is the amount required under the EU/IMF deal.
Further sale of State assets not necessary.
Also the government need to raise €2 billion in total from the sale of state assets. They won't get that from selling part of the ESB alone.
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