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Old 29th Sep 2017, 12:15
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Originally Posted by RAT 5
If you have access to company documents can you tell us how many a/c has RYR airline actually purchased and how many do they now actually own?
Company information is and had always been freely available.
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Old 29th Sep 2017, 12:21
  #362 (permalink)  
 
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Originally Posted by KelvinD
The report mentions Ryanair actually own, outright, 44 of their aircraft, while the remainder are effectively mortgaged to Ex-Im bank and others. 33 aircraft are leased on 7 year leases etc etc. 195 pages that can be bloody tedious in places but interesting in others.
Exim provide very low cost loans to anybody buying from US, no different from what UK Govt or others provide in way of Export Finance.

As for leasing................ not unsurprisingly Sale and Leaseback is a very efficient way to look after your own cash. Means someone else funds it at a low interest rate while you use the cash.

Few UK retailers own their own stores................ they buy the land and build it they sales and lease back the stores.
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Old 29th Sep 2017, 12:23
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A particular problem is that if you want to sue them for more than they feel like offering, you have to do so in the Irish small claims court.

And on another matter, quite a few companies issue shares to their employees; it's encouraged by the taxman. Save as you earn, I think it's called.
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Old 29th Sep 2017, 12:24
  #364 (permalink)  
 
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Originally Posted by DublinPole
What the CAA should do now is come out with a statement saying they will open an investigation of EU261 practices in all airlines operating in the UK and set-up an advice line where passengers of all airlines can call up and get advice over flights which they have took over the last number of years and claim compensation from their airline and the CAA will back them up.

Compliance with EU261 directives is an industry wide problem and needs to be treated as such rather than dealing with Ryanair's issues and then avoiding the actual wider issue which needs to be tackled.
Its amusing watching politicians and CAA support EU261 but strange they refuse to implement it on US Airlines. Watching the media say how great the law is while on the other hand damming EU laws as unacceptable. Hypocrisy much,

If the CAA are interpreting EU261 in a way that is incorrect then Ryanair can follow their interpretation and then challenge it in court. A Judge finding that interpretation and demands by CAA were unreasonable and not backed by any case law would end up CAA paying ALL the costs involved in it.

Someone at CAA is attempting to make a name for themselves.
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Old 29th Sep 2017, 12:27
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Originally Posted by daz211
Sky news reporting

CAA: Ryanair has not replied to meeting request ahead of 5pm deadline for airline to meet obligations to customers affected by cancellations
Ryanair governed by IAA not CAA..

CAA will try and do this in the Court of Media Opinion but when it gets to Legal Court they may find the Judge interprets it differently.
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Old 29th Sep 2017, 12:46
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True but in the eye of disgruntled customers yet again Ryanair look like they still have no respect for customers or the law they may as well just still two fingers up at everyone yet again PR disaster.
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Old 29th Sep 2017, 12:53
  #367 (permalink)  
 
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Originally Posted by racedo
If the CAA are interpreting EU261 in a way that is incorrect then Ryanair can follow their interpretation and then challenge it in court. A Judge finding that interpretation and demands by CAA were unreasonable and not backed by any case law would end up CAA paying ALL the costs involved in it.

Someone at CAA is attempting to make a name for themselves.
I'm getting a letter sent off of complaint off to a couple of airlines tommorow and cc'ing the CAA demanding full compensation be enforced for when airlines refused to do what they are now trying to force Ryanair to do because clearly I am owed money.

The Ryanair letter being in the public domain is very handy for me since it can be used against both the airlines and the CAA if the former doesn't want to pay up or the later doesn't force them to, needless to say I've quoted their words in my complaints.

I will let people know how I get on but I doubt it will be anytime soon.
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Old 29th Sep 2017, 12:54
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Originally Posted by daz211
True but in the eye of disgruntled customers yet again Ryanair look like they still have no respect for customers or the law they may as well just still two fingers up at everyone yet again PR disaster.
Thing is though if it goes to court and the courts don't agree with the CAA and Ryanair's revenue are hit because of these demands from the CAA then I'd assume that the CAA would have to compensate Ryanair for that.

I'm not saying it will happen but if the CAA grandstand on this and are found to be wrong then it could be an expensive bill for them.
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Old 29th Sep 2017, 13:42
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From sky news

Ryanair says it will respond to regulator's call for it to sort compensation for customers affected by cancellations before 5pm deadline
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Old 29th Sep 2017, 14:05
  #370 (permalink)  
 
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I think what irritates me is that the regulator are only taking action when it hits the headlines, when it appears to have been standard practice amongst some airlines for years. Certainly I was one of hundreds of EZY pax who were refused alternative travel in BCN last year.

Even now the EZY website says alternative carriers are only offered if they can't you to your destination in 48 hours - is this right?

In the unfortunate event that your flight is cancelled you can transfer to another easyJet flight for free or if you’d prefer you can get a full refund....

If we’re unable to get you to your destination within 48 hours you can switch to another airline, take a train or bus or hire a car. The alternative transport should be within the price range you paid for your original return flight or as close to it as possible.
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Old 29th Sep 2017, 14:08
  #371 (permalink)  
 
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Originally Posted by racedo
Still largest part (sic) and both ruling partys (sic) lost seats.
So why exactly did mutti not achieve the colossal victory which all and sundry predicted for her?

And what exactly is the long term future of Ireland in the EU27 as a net contributor?
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Old 29th Sep 2017, 14:10
  #372 (permalink)  
 
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Originally Posted by racedo
Can you tell me of a single company where employees receive dividends because they are employees ?
There isn't one.
Please re-read my post.

¿ Or just read it ?
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Old 29th Sep 2017, 14:12
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Originally Posted by SWBKCB

Even now the EZY website says alternative carriers are only offered if they can't you to your destination in 48 hours - is this right?
No, it is not.
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Old 29th Sep 2017, 14:15
  #374 (permalink)  
 
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This is an industry wide problem and the CAA need to treat it as such rather than picking and choosing who they are going to enforce it on.

EASYJET
If we’re unable to get you to your destination within 48 hours you can switch to another airline, take a train or bus or hire a car. The alternative transport should be within the price range you paid for your original return flight or as close to it as possible.
That doesn't sound like it complies on many grounds, especially with the restrictions on price and the timeframe limits that they are putting on it

WIZZ
Cancellation information

If your flight is affected by a disruption (see below), please log in to your profile, retrieve your booking and you will be able to re-book online free of charge, or obtain a refund.
Again this is clearly not adhering to the kind of guidelines that the CAA are trying to implement.
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Old 29th Sep 2017, 14:21
  #375 (permalink)  
 
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Originally Posted by SWBKCB
I think what irritates me is that the regulator are only taking action when it hits the headlines, when it appears to have been standard practice amongst some airlines for years. Certainly I was one of hundreds of EZY pax who were refused alternative travel in BCN last year.
My sentiments exactly, it's not a good sign of a regulator when they are only regulating and standing up for passenger rights re-actively rather than proactively dealing with all of those who are not complying with EU regulations.

You should put a claim into Easyjet right now and use the CAA's letter and their interpretation of the rules as basis for that so they have to pay out, if they don't write to the CAA and push them to force Easyjet to do it.

If they still don't do it write to the EC and complain that Easyjet is not adhering to European regulations and the CAA are refusing to enforce EU regulations as is their duty as the regulator in the UK.

I'm not defending Ryanair here, simply saying that this is far from just a Ryanair issue, the fact that airlines have been able to get away with it for so long is the reason that so many airlines are at it since they knew the regulator has been toothless in the past.
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Old 29th Sep 2017, 15:09
  #376 (permalink)  
 
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Ryanair expected to come out fighting now over what they believe is cherry picking of airlines by the CAA in relation to enforcement action.

I would be interested to see if they now made a complaint to the European Commission.
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Old 29th Sep 2017, 15:18
  #377 (permalink)  
 
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When I was disrupted (not by RYR but a UK lo co) I was given the runaround. Did not bother faffing with the CAA or the ADR schemes, all toothless. Instead small claims court was straight forward and of course in the end the lo co coughed up. It's a game to them and it's time the CAA sorted it out for all carriers.
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Old 29th Sep 2017, 15:21
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Ryanair has buckled:
Ryanair Explains How And When It Will Re-Route Customers Affected By Flight Cancellations | Ryanair's Corporate Website

They could have ignored the CAA, but it would have been worse ignoring Varadkar with a bit of their own regulator the IAA thrown in:
Varadkar calls on Ryanair to ensure passengers' rights are protected | BreakingNews.ie
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Old 29th Sep 2017, 15:24
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Ryanair now are questioning why the CAA are not doing anything about BA

Ryanair has called upon the UK CAA to now require UK airlines to comply with these EU261 obligations which the CAA did not apply to British Airways in May this year, when a computer meltdown stranded hundreds of thousands of British citizens/visitors at London Heathrow and many other airports, with no apparent action taken by the CAA in respect of re-accommodation or enforcement against British Airways.
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Old 29th Sep 2017, 15:25
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Originally Posted by Mr A Tis
When I was disrupted (not by RYR but a UK lo co) I was given the runaround. Did not bother faffing with the CAA or the ADR schemes, all toothless. Instead small claims court was straight forward and of course in the end the lo co coughed up. It's a game to them and it's time the CAA sorted it out for all carriers.
To date the CAA however has shown a blatant disregard in dealing with issues with their airlines registered in their own country so I wouldn't get my hopes up.
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