EU Reject Ryanair takeover of Aer Lingus
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EU Reject Ryanair takeover of Aer Lingus
Last edited by EI-A330-300; 12th Feb 2013 at 12:06.
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Any other airline would have gotten an ok based on the plan.... Now MOL finds out why it is important to have friends in business and politics too... 
You get what you pay for.....
You get what you pay for.....
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FR are going to take the EUROPEAN Union to the EUROPEAN Courts. Hhhmmm. Now lets see how that one will work out. Great for the law firms.
Last edited by MCDU2; 12th Feb 2013 at 12:30.
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I think FR paying Flybe or giving them a gift which ever you want to call it dosn't sit well with the EU and if they fail to make a profit FR give them another gift. If BE were not getting cash and the EU rejected then FR may have a case but because they are being very generous to BE they have failed.
FR can't say that other takeovers have being cleared like BA/BMI etc because FR are the only ones paying carriers to take the routes to get control.
FR can't say that other takeovers have being cleared like BA/BMI etc because FR are the only ones paying carriers to take the routes to get control.
Last edited by EI-A330-300; 12th Feb 2013 at 12:37.
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And whilst he appeals Flybe will be haemorrhaging more cash and laying off more staff thus undermining the whole charade even further.
So much for him saying he was happy to sell his shares. That was the mantra only up until 6 months ago. Its all getting a bit personal now isn't it. Wonder if the FR board will step in and order the shares to be sold off and get him focusing on the core business. Mind you the UK Competition authority still has to report and may well bring more bad news.
So much for him saying he was happy to sell his shares. That was the mantra only up until 6 months ago. Its all getting a bit personal now isn't it. Wonder if the FR board will step in and order the shares to be sold off and get him focusing on the core business. Mind you the UK Competition authority still has to report and may well bring more bad news.
Last edited by MCDU2; 12th Feb 2013 at 12:37.
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Indeed. A sharp drop in the EI shareprice could be an opportuntiy for an asset stripping hedge fund to enter the fray.
EI are doing well but do need to have a long term plan in place. Perhaps a partnership with EY could be the answer. But EY are still tight lipped about their plans. They are still a small airline in a big industry that is undergoing mergers and bankruptcies atm.
The Sunday Business Post
The recent results are very good but don't in themselves give EI longevity:
Aer Lingus: underlying profits rise for ‘Ireland’s civilised airline’, but beware any fall in RASK | CAPA - Centre for Aviation
Apart from the expected legal challenge to any EU decision there is the response of FR to consider. Will they flood the Irish market to try to kill EI that way? Will the long anticipated RyanAtlantic become reality? Will they make a big order with Boeing?
EI are doing well but do need to have a long term plan in place. Perhaps a partnership with EY could be the answer. But EY are still tight lipped about their plans. They are still a small airline in a big industry that is undergoing mergers and bankruptcies atm.
The Sunday Business Post
The recent results are very good but don't in themselves give EI longevity:
Aer Lingus: underlying profits rise for ‘Ireland’s civilised airline’, but beware any fall in RASK | CAPA - Centre for Aviation
Apart from the expected legal challenge to any EU decision there is the response of FR to consider. Will they flood the Irish market to try to kill EI that way? Will the long anticipated RyanAtlantic become reality? Will they make a big order with Boeing?
you do know...
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If FR fail in the courts I would expect this to happen. Flight for flight price undercutting in Europe certainly. RyanAtlantic maybe will have to wait a bit longer.
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If FR fail in the courts I would expect this to happen. Flight for flight price undercutting in Europe certainly. RyanAtlantic maybe will have to wait a bit longer.
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Aer Lingus/Flybe Statement
Aer Lingus: Ryanair should never have launched takeover bid | Irish Examiner
Ryanair says EC intends to block Aer Lingus deal - RTÉ News
Not suprised when they will not be getting lots of cash.
Aer Lingus have released a strong statement which says Ryanair should never have launched a takeover bid for the airline.
The carrier was commenting after the EU blocked Ryanair's bid earlier.
The budget airline has described the decision as a "political one", which isn't based on competition law.
Ryanair bosses have now instructed company lawyers to appeal the block.
Aer Lingus meanwhile says it is looking forward to continuing to assist the UK Competition Commission in its ongoing investigation into the anti-competitive effects of Ryanair’s minority shareholding.
The carrier was commenting after the EU blocked Ryanair's bid earlier.
The budget airline has described the decision as a "political one", which isn't based on competition law.
Ryanair bosses have now instructed company lawyers to appeal the block.
Aer Lingus meanwhile says it is looking forward to continuing to assist the UK Competition Commission in its ongoing investigation into the anti-competitive effects of Ryanair’s minority shareholding.
In a statement, Flybe said it is disappointed by today's news and will await the outcome of the appeal process Ryanair referred to in its statement
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Air Asia X proved that you don't have to have the same schedule every day.
There's no reason why a fully utilised A330 couldn't do three transatlantic crossings every 24 hours. Using DUB-JFK as an example, you could have:
0700 DUB arrives 0900 JFK
1100 JFK arrives 2200 DUB
2400 DUB arrives 0200 JFK
0400 JFK arrives 1500 DUB
1700 DUB arrives 1900 JFK
2100 JFK arrives 1000 DUB
...etc. Okay, there's no time for maintenance in that, but with a large enough fleet you can rotate a spare in and out.
There's no reason why a fully utilised A330 couldn't do three transatlantic crossings every 24 hours. Using DUB-JFK as an example, you could have:
0700 DUB arrives 0900 JFK
1100 JFK arrives 2200 DUB
2400 DUB arrives 0200 JFK
0400 JFK arrives 1500 DUB
1700 DUB arrives 1900 JFK
2100 JFK arrives 1000 DUB
...etc. Okay, there's no time for maintenance in that, but with a large enough fleet you can rotate a spare in and out.
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There are several flaws in your argument.
That type of irregular scheduling discourages high revenue passengers.
Arriving in JFK at 0200 is not going attract much high yield, and nor is departing at 0400. You also have to think of crew rostering, night flying curfews (I don't know what the curfew is at JFK if any).
And that's just looking at the basics.
That type of irregular scheduling discourages high revenue passengers.
Arriving in JFK at 0200 is not going attract much high yield, and nor is departing at 0400. You also have to think of crew rostering, night flying curfews (I don't know what the curfew is at JFK if any).
And that's just looking at the basics.
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Who's stopping you? As long as the airport is open, who's dictating when you can fly where? There are several daytime eastbound flights which leave NYC/BOS in the morning and arrive in Europe (mostly LHR) in the evening. The reason there aren't more is that most passengers expect an overnight flight (spend your night travelling rather than a business day or a holiday day), plus an evening departure and morning arrival gives more short-haul connection opportunities on each end.
Originally Posted by Tableview
That type of irregular scheduling discourages high revenue passengers.