Ryanair - 9
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Assuming its the aerodrome chart you're after- http://www.iaa.ie/safe_reg/iaip/Publ...CK_24-1_en.pdf
EU blocks Ryanair takeover deal for Aer Lingus
EU blocks Ryanair takeover deal for Aer Lingus
The European Union's competition has said it is blocking Ryanair's renewed bid to take over Aer Lingus.
The EU Commission said the merger would harm consumers by creating a dominant company on 46 routes where the carriers are currently competing.
Ryanair said it will appeal the ruling, decrying it as a "political decision" bowing to the interests of the Government. The Government, which holds a 25% stake in Aer Lingus, opposes the takeover bid.
Ryanair, Aer Lingus' biggest shareholder with a 30% stake, first tried to take over Aer Lingus in 2006 but was blocked by the EU Commission.
Ryanair argues the European airline industry is changing rapidly, with regional carriers failing and larger ones merging.
Today's decision was expected after Ryanair said earlier this month the EU Commission had told it of its intention to block the €694m bid to win control of Aer Lingus.
Today's decision was expected after Ryanair said earlier this month the EU Commission had told it of its intention to block the €694m bid to win control of Aer Lingus.
The veto, which is the first time the Commission has twice rejected a proposed takeover, was expected to force Ryanair chief Michael O'Leary to decide whether to finally set its smaller rival free by selling its 30% stake.
But by following through on a threat to try to be the first company in a decade to overturn an EU anti-monopoly decision, Ryanair could tie up the stake for years and stymie the Government's efforts to offload its own 25% holding.
"We believe that we have strong grounds for appealing and overturning this politically-inspired prohibition," a Ryanair spokesman said in a statement.
"We regret that this prohibition is manifestly motivated by narrow political interests rather than competition concerns. Accordingly, Ryanair has instructed its legal advisers to prepare a comprehensive appeal,'' the statement added.
"The Commission's decision protects more than 11 million Irish and European passengers who travel each year to and from Dublin, Cork, Knock and Shannon. For them, the acquisition of Aer Lingus by Ryanair would have most likely led to higher fares," Competition Commissioner Joaquin Almunia said.
Aer Lingus chief executive Christoph Mueller said it had been Aer Lingus' position from the outset that the offer "should never have been made".
“The series of inadequate remedy offers presented by Ryanair only underlines the view that Ryanair made its offer without any reasonable belief that it could obtain clearance,” he said.
The bid, described by Ryanair as its third and final effort to takeover its rival, included ceding 43 routes to a newly created Irish subsidiary of British airline Flybe and handing to British Airways the routes Aer Lingus operates from London's Gatwick Airport.
The Commission blocked Ryanair's first attempt to take over Aer Lingus in 2007 and Ryanair dropped its second in 2009.
The European Union's competition has said it is blocking Ryanair's renewed bid to take over Aer Lingus.
The EU Commission said the merger would harm consumers by creating a dominant company on 46 routes where the carriers are currently competing.
Ryanair said it will appeal the ruling, decrying it as a "political decision" bowing to the interests of the Government. The Government, which holds a 25% stake in Aer Lingus, opposes the takeover bid.
Ryanair, Aer Lingus' biggest shareholder with a 30% stake, first tried to take over Aer Lingus in 2006 but was blocked by the EU Commission.
Ryanair argues the European airline industry is changing rapidly, with regional carriers failing and larger ones merging.
Today's decision was expected after Ryanair said earlier this month the EU Commission had told it of its intention to block the €694m bid to win control of Aer Lingus.
Today's decision was expected after Ryanair said earlier this month the EU Commission had told it of its intention to block the €694m bid to win control of Aer Lingus.
The veto, which is the first time the Commission has twice rejected a proposed takeover, was expected to force Ryanair chief Michael O'Leary to decide whether to finally set its smaller rival free by selling its 30% stake.
But by following through on a threat to try to be the first company in a decade to overturn an EU anti-monopoly decision, Ryanair could tie up the stake for years and stymie the Government's efforts to offload its own 25% holding.
"We believe that we have strong grounds for appealing and overturning this politically-inspired prohibition," a Ryanair spokesman said in a statement.
"We regret that this prohibition is manifestly motivated by narrow political interests rather than competition concerns. Accordingly, Ryanair has instructed its legal advisers to prepare a comprehensive appeal,'' the statement added.
"The Commission's decision protects more than 11 million Irish and European passengers who travel each year to and from Dublin, Cork, Knock and Shannon. For them, the acquisition of Aer Lingus by Ryanair would have most likely led to higher fares," Competition Commissioner Joaquin Almunia said.
Aer Lingus chief executive Christoph Mueller said it had been Aer Lingus' position from the outset that the offer "should never have been made".
“The series of inadequate remedy offers presented by Ryanair only underlines the view that Ryanair made its offer without any reasonable belief that it could obtain clearance,” he said.
The bid, described by Ryanair as its third and final effort to takeover its rival, included ceding 43 routes to a newly created Irish subsidiary of British airline Flybe and handing to British Airways the routes Aer Lingus operates from London's Gatwick Airport.
The Commission blocked Ryanair's first attempt to take over Aer Lingus in 2007 and Ryanair dropped its second in 2009.
Join Date: Oct 2011
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Ryanair’s Robin Kiely said:
"Ryanair regrets that the EU Commission has again failed to apply its own competition rules and precedents in a fair and dispassionate manner. We regret that this prohibition is manifestly motivated by narrow political interests rather than competition concerns and we believe that we have strong grounds for appealing and overturning this politically-inspired prohibition. Accordingly, Ryanair has instructed its legal advisers to prepare a comprehensive appeal against this manifestly unjust prohibition.”
"Ryanair regrets that the EU Commission has again failed to apply its own competition rules and precedents in a fair and dispassionate manner. We regret that this prohibition is manifestly motivated by narrow political interests rather than competition concerns and we believe that we have strong grounds for appealing and overturning this politically-inspired prohibition. Accordingly, Ryanair has instructed its legal advisers to prepare a comprehensive appeal against this manifestly unjust prohibition.”
Join Date: Feb 2012
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FERROVIAL/BAA HIKES STANSTED FEES BY 6% FROM APRIL 2013 IN A PARTING GIFT TO MANCHESTER AIRPORT GROUP & A PARTING SLAP TO STANSTED’S AIRLINES & PASSENGERS Ferrovial/Baa Hikes Stansted Fees By 6% From April 2013 In A?
Last edited by DublinPole; 28th Feb 2013 at 16:02.
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"Transit refuge camp"? Wht a lot of nonsense. I am sitting at Stansted as I type. The passengers are a healthy mix of families, business people, school groups, couples and individual tourists. This mix is not that different to what you encounter at LTN or LGW. I did not see one person repacking on my way through and I even got through security in less than 10minutes (which is not the norm I may add!) . In my view, given I travel through all three fairly regularly the passenger experience at STN is on a par with LGW and actually feels better than at LTN.
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Subliminal Messages??
I'm currently searching for cheap flights on ryanair.com, and on two occasions the 'security check' verification words were 'ryanairhotels' and 'travel insurance', respectively. Before, these words were most often random words I had never heard of. Is this a Ryanair attemp to plant subliminal messages in our minds to boost sales? Perhaps it's just my cynical mind... 
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Somewhat amused at Ryanair complaining about a 6% increase at Stansted when they have recently increased the EU261 levy from €2 to €2.50 some 25% Baggage increased from €20 to €25 again 25% increase not to mention the administration booking fee of €6 and the credit card surcharge of 2%.....
I think Ryanair could develop further if they now realised that the additional ancillary charges are increasingly counter productive.
Imagine a Ryanair along the lines of the price you see is the price you pay.....If/when MOL goes it may happen and then I would imagine their competitors would worry....
Similarly Ryanair cancelled just three flights last August which is excellent and nothing in the scale of things and I'm sure far lower than Joe Public believes, but I think the fear that the public sometimes have is that you could be left stranded etc etc...now imagine if they adopted a positive angle to this along the lines of we will take care of you one way or another then I'm sure that this approach would gain them far more business than any incurred costs...
I think Ryanair could develop further if they now realised that the additional ancillary charges are increasingly counter productive.
Imagine a Ryanair along the lines of the price you see is the price you pay.....If/when MOL goes it may happen and then I would imagine their competitors would worry....
Similarly Ryanair cancelled just three flights last August which is excellent and nothing in the scale of things and I'm sure far lower than Joe Public believes, but I think the fear that the public sometimes have is that you could be left stranded etc etc...now imagine if they adopted a positive angle to this along the lines of we will take care of you one way or another then I'm sure that this approach would gain them far more business than any incurred costs...
Join Date: Jul 2012
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FR
Agreed somehow an outstanding success story that is FR is reduced to almost weekly negative publicity by its CEO !! Why aren't the Board looking around FR a replacement?
Join Date: Oct 2011
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The CAA have responded to FR and they say BAA are within the 2013 cap. Charges will be £7.65 and the cap is £7.68. It is now more expensive than DUB per passenger. Soon we will see FR being positive about charges at DUB.
Last edited by EI-A330-300; 1st Mar 2013 at 13:39.
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There comes a time when some CEO's pass their "sell by date".
In the case of FR that time has surely come. His rantings are catching up with him and it is difficulty, after his Aer Lingus defeat, to take him seriously.
Come on FR if you want respect, tip him over the side to play with his horses and get someone with, at least a bit, of professionalism.
Not sure about casting around in FR for a replacement since, they too, will probably have been infected.
In the case of FR that time has surely come. His rantings are catching up with him and it is difficulty, after his Aer Lingus defeat, to take him seriously.
Come on FR if you want respect, tip him over the side to play with his horses and get someone with, at least a bit, of professionalism.
Not sure about casting around in FR for a replacement since, they too, will probably have been infected.
When a company and its CEO are very strongly linked and the CEO is a major shareholder, it is common that the CEO hates the idea if stepping down. Something typically needs to go very wrong with the company before the board do something.
Paxing All Over The World
SNNFlyer
Sounds like a smart marketing move. Another 'well done' to FR.
lexoncd
As far as the bank balance is concerned - they are not.
Hangar6
As far as the bank balance is concerned - they do not have to.
davidjohnson6
Correct! Anyone who thinks that MoL is leaving any time soon is still living in the last century.
the 'security check' verification words were 'ryanairhotels' and 'travel insurance', respectively.
lexoncd
I think Ryanair could develop further if they now realised that the additional ancillary charges are increasingly counter productive.
Hangar6
Why aren't the Board looking around FR a replacement?
davidjohnson6
When a company and its CEO are very strongly linked and the CEO is a major shareholder, it is common that the CEO hates the idea if stepping down. Something typically needs to go very wrong with the company before the board do something.
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MOL
MOL in the past has talked of eventually stepping down and letting a more 'service focused person' take over.
Even allowing for MOLs tongue in cheek and often provocative statements, he probably realises that one day Ryan Air needs to become a 'nicer company'.
It is arguable that the current dire state of most European economies probably favours MOLs 'Attila the Hun' approach to business at the moment.
An aggressive strategy is probably the right way to go for the next few years wiping out smaller airlines, until such time as the economy improves, then moving towards an easyjet style of higher standards.
Even allowing for MOLs tongue in cheek and often provocative statements, he probably realises that one day Ryan Air needs to become a 'nicer company'.
It is arguable that the current dire state of most European economies probably favours MOLs 'Attila the Hun' approach to business at the moment.
An aggressive strategy is probably the right way to go for the next few years wiping out smaller airlines, until such time as the economy improves, then moving towards an easyjet style of higher standards.
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An article in International Business Times website regarding the proposed 9 per cent cut in flights at London Stansted includes a photo of a Ryanair 737 after losing its left undercarriage on landing. The caption underneath reads ´´A Ryanair jet reclines on the tarmac´´