Why do ye persist in calling us Eire??? As airbourne said, its the Republic of Ireland or just Ireland!

airbourne

If you are bothered to check the front of your passport (assuming you are Irish) you will see that it says ÉIRE in nice big letters.

Even if they wanted to it would be difficult for the RYR board to justify the purchase of another airline when they have excess capacity within the current fleet and are taking pretty serious measures to keep operating costs down.

sr

We are not in recession. The economy is still growing. Slower than predicted, but still growing nonetheless.

Hopefully things will stay more realistic now, and banks won't return to the kind of irresponsible tactics that have slowed the economy this time.

We've had the boom and so far we've avoided the bust. It should sort itself out now, but lessons probably won't be learned.

It only appears f*cked when you compare it to the unrealistic, deceptive and unsustainable short-termism that's been dominating the economy for the last few years. But it's not f*cked. It's more normal now.

After the disaster that was the attempted takeover of Aer Lingus (it got blocked by the EU and the shares have since lost over €100 million in value) I can't see the Ryanair board being in favour of any other takeover attempts anytime soon.

AbeamPoints
 

Thanks for the reply.

Firstly, I dont dispute that it will be a harsh winter, it will be a harsh winter in profit terms. Despite all this the outlook is that passenger numbers will continue to grow albeit at a softer pace. The market will probably be more hotly contested. Prices will obviously be key and hence airline costs.

I disagree that Buzz is completely different, the Buzz story supports my comments earlier that the aircraft could be displaced and replaced with parked 738s, if Ryanair wanted Jet2 and it was for sale, the state of the leases or aircraft would be irrelevant. & Buzz wasnt going to the wall?? It was losing a packet and KLM gave it away quiet literally as it was bleeding cash at an astounding rate.

Thank you for complementing my faith in Aer Lingus our national carrier. It is completely irrelevant that Aer Lingus was close to bankrupcy 6 years ago. They met the challenges so well. The outlook is that Ryanair will get into a dog fight to a bigger extent than at present with the DAA and Park aircraft, and guess what this is an opportunity for Aer Lingus!

It is sad that you see Aer Lingus going under in the near future, but think of this, Aer Lingus has made profits in the same markets where they have severe competition from Ryanair, yet Easyjet find this next to impossible, Easyjet is a good business model, but they avoid Ryanair in the same markets.

When did i say Eire wont have a recession? ('you think Eire wont see one? Really?), i am at odds to understand how you could read this from my last posts!

Passenger numbers are unlikely to drop, if a recession does materialise we may see a severe slowing in growth but i wouldnt anticipate a significant drop in numbers.

It is in these hard times that we are likely to see consolidation, a time when airlines will not see the merit in developing new markets and losing a fortune in wiping out competitors through cut throat competition, I agree that Ryanair will not buy Jet2, but going back to my comments originally I said that I could see the sense in it. Manchester is a huge market and a foot in the door as in existing business, would be the ideal way for Ryanair to be number 1 at Manchester. This otherwise is going to be Easyjet territory.

I dont think Aer Lingus will lose any TransAtlantic revenue in fact they are ideally placed to grow this business and they have the right path ie with tie up online with Jetblue and code share with United.

Apart from all that an awful lot of US originating passengers are using Dublin as a transit point to get to all over Europe. This business will only grow. This is what T2 is going to be used for and Aer Lingus will be ideally placed.


groundhand:
You are correct that many airports dont give in to Ryanair's whims(eg Milan Malpensa!), but sadly in many cases where Ryanair is the dominant one, they do hurt!

EI-BUD

Manchester airport website has this on the live flight information section:

LS9999 00:30 Sydney Cancelled

Part of the big announcement?

??????

The Recession....
 

.....we're all keen to talk ourselves into:

Ernst and Young report (E & Y are no New Labour lackeys).

http://news.bbc.co.uk/1/hi/business/7357367.stm

Perhaps we should hunker down and fight our way through a slowdown rather than occupy the deck chairs on the Titanic.

Is there any real evidence that either GSM or Jet2 have fluidity problems?

Speedrestriction

If you are bothered to check the front of your passport (assuming you are
Irish) you will see that it says ÉIRE in nice big letters.

True, but do you also go around calling Germany "Deutschland" all the time?.

Straight under "Eire" on the passport is "Ireland", so unless you are going to make the rest of your post in the Irish language, it would be better manners if you referred to Eire as Ireland on an English language forum.

Good grief.

Get a room!

Jet2

Ok so some can earn £500 a month. My last comment stands, If you rely on your 'bonus' to live on your living beyond your means. Until I joined Jet2 I never got anything but basic pay. No matter how many hours I had to work to complete the job! I live within my salary and look upon any monies earned extra as a bonus. Yes it is hard on those CC who have been used to the commission levels up till now. But that's the new playing field so there's no point throwing teddy bears out of the pram. Lets all work together and make this year the best we can for the benefit of ourselves and the company.:hmm:

harrogate and SSK whilst your correct we are not a recession as the economy is still growing what we are witnessing and most economists now seem to acknowledge the fact is that the brakes have well and truly been slammed on the economy.

Mortgage lending has dried up, credit card limits are been reduced, food prices through the roof, the cost of a tank of fuel in the family car rocketing, council tax (UK) rising at twice the rate of inflation for many families, Gas and Electricity prices rising at three times the rate of inflation and finally house prices falling in many places (not just the UK but Ireland and Spain). All these factors combined actually mean that your average guy in the street now feels much worse off and as wage rises are not keeping pace the household budget, whilst not the economy as a whole, is in recession. We all have less money to spend and this is going to hit the airline industry hard.

Most families are now looking at the budget and the first thing that is going to go is the family holiday are the weekend city break. This unfortunately is going to mean that whether we like it or not anyone in the airline/leisure industry is suddenly going to have to wake up to the fact that our jobs are a lot more precarious than they were a couple of months ago.

Whilst last year I did not think so I now believe that a couple of UK airlines will prob fail this year simply because they aint the money around in the economy to fill the capaciity available. Who that is I don't know, I suspect LS may be OK but have serious concerns about GSM simply because they still have not recovered from last years long haul fiasco and those airlines that are in the strongest position now will survive.

Sorry to be the messanger of doom and gloom but untimately we are the ones that look like paying the price for the greed shown by the banks in the rush to enter the US sub prime mortgage business. Whilst the Gov or going to bail out any bank in trouble any airline that runs into trouble is unfortunately not going to be so lucky.

plasticAF - just to stick my two penith in here on this whole commission business. Last year when I attended the cabin crew recruitment day, I did not join you folks, so I have no hidden agenda here. I recall on numerous occasions the management from LS banging on about how the commision boosted your salary. Therefore if management are touting the commision to prospective cabin crew as part of the salary I suggest that your been rather hard on your flying colleagues within the airline for suggesting that they are living beyond their means by reagarding the commission as part of their salary!!

As were Laker, Goodman & Newman; to name but three.

Whilst your having a barney, i guess this so called 'big announcement' never took place. Suprise suprise. I was hoping for some more routes from leeds.

"Like it or not the Treasury must use its standing in the international markets to borrow and fund the mortgage lenders directly,"

That report has another agenda. We live in a capitalist market environment, what will be will be. No amount of the government wasting my money will alter the crisis we are all facing.

Oil is now $119.37 per barrel :eek:

Where's the "Jet2 buyout" thread gone?:suspect:

Hopefully the Moderators are having a clamp down on treads that are complete B*****ks! :hmm:

It was a laughably mental thread, completely lacking in substance and based entirely on speculation. Let's hope it's been deleted.

Let's hope the speculation and bollocks helps my shares.

We wouldn't want rumours on the rumour network would we:\

But it wasn't a rumour.

It was baseless sh*t stirring.