PPRuNe Forums

PPRuNe Forums (https://www.pprune.org/)
-   Airlines, Airports & Routes (https://www.pprune.org/airlines-airports-routes-85/)
-   -   Aer Lingus - 6 (https://www.pprune.org/airlines-airports-routes/459473-aer-lingus-6-a.html)

Epsomdog 29th Jun 2015 14:21


Originally Posted by EI-A330-300 (Post 9028309)
IAG have told the EU that competitors such as Virgin can continue to use IRL-LHR flights to put competition concers from the EU to bed. So far BA have not offered slots but they may be required to. Should know by 15 July.

The slots if required will be telling of IAG commitment!

Can't see a huge demand for LHR/DUB slots, Virgin probably won't touch them, given they're recent shorthaul experience!

Ryanair? Well they may well want to take them on as a loss leader, just to needle Aer Lingus after they've sold the shares!

Epsomdog 29th Jun 2015 14:36


Originally Posted by racedo (Post 9008276)
If goes to Europe then more like 2017 or 2018.

IAG have set a deadline of 16th July. Sell by then or the deal's off!

Ryanair are in a catch 22 situation, I think. Don't sell, and they solidify the CMC case against them.

Can MOL carry the support of the shareholders in this matter? There's an awful lot of money tied up here!

Jack1985 29th Jun 2015 15:51


Can MOL carry the support of the shareholders in this matter? There's an awful lot of money tied up here!
He hasn't had the support of shareholders for EI, they wan't their money back and Willy knows this, they have been unhappy at how much MOL flushed down the toilet in every failed attempt he has had to get his hands on EI. It's been a shadow on his tenure at FR any shareholder will tell you that.

racedo 29th Jun 2015 18:42


IAG have set a deadline of 16th July. Sell by then or the deal's off!
Doubtful

IAG knows its got a good deal just may have to pay a bit more.

If goes to court it will stay there for a couple of years.

racedo 29th Jun 2015 18:53


He hasn't had the support of shareholders for EI, they wan't their money back and Willy knows this, they have been unhappy at how much MOL flushed down the toilet in every failed attempt he has had to get his hands on EI. It's been a shadow on his tenure at FR any shareholder will tell you that.
Right and the Billions that they have handed to Shareholders get ignored.

Ryanair have paid shareholders many multiples of what was paid for Aer Lingus and Share Price is well above what is was when original bid went in.

Doubtful shareholders care as they require shares to go up in value and dividends.

Hangar6 29th Jun 2015 19:00

FR v IAG
 
Well anything that ups the offer suits me so I hope MOL plays Willie a good
Game of poker, 255 is ok but FR paid 257 on average plus all those legal fees
So expect further developments on this one now 265 should make us all happy:ok:

j636 29th Jun 2015 19:18

Lets say FR decided to wait and IAG don't increase the offer, what are the chances of a JV between EI and IAG/AA in the meantime?

Epsomdog 29th Jun 2015 22:01


Originally Posted by racedo (Post 9028594)
Doubtful

IAG knows its got a good deal just may have to pay a bit more.

If goes to court it will stay there for a couple of years.

Not Doubtfull. "FACT" the date's in the offer doc!

Courts and lawyers have nothing to do with it. If this offer collapses so does the share price. This is probably the best way to get the money back, in the short term.

I can't see the offer being there in two or three years. The aviation climate will be different by then and we may well have a decision on RWY3 at LHR.

IAG have set up the funding for the takeover, Willie has said the price is 2:50 +5 and no more. I'm not sure I'd call his bluff when I stand to loose so much!

racedo 29th Jun 2015 23:15


Not Doubtfull. "FACT" the date's in the offer doc!

Courts and lawyers have nothing to do with it. If this offer collapses so does the share price. This is probably the best way to get the money back, in the short term.

I can't see the offer being there in two or three years. The aviation climate will be different by then and we may well have a decision on RWY3 at LHR.

IAG have set up the funding for the takeover, Willie has said the price is 2:50 +5 and no more. I'm not sure I'd call his bluff when I stand to loose so much!
You ever met someone who says its final offer but then wants to negotiate if losing the deal.

IAG want EI and will have a point where its no more, doubt whether they are at that level yet.

This is only the 1st offer put to shareholders.

Epsomdog 10th Jul 2015 09:14

Good sense prevails
 
EU gives approval for IAG-Aer Lingus deal: sources - RTÉ News

Misleading title to the Link, however the article is worth a read

BFS watcher 10th Jul 2015 12:41

EI diversions to BFS
 
EI diversions piling into BFS, what has gone wrong in dublin

EI-A330-300 10th Jul 2015 13:02

Runway change followed by a bird strike soon after. Noting come in a for a few mins.

airbourne 10th Jul 2015 14:29

EU approval of IAG offer for Aer Lingus due next week - sources

Could the last one to leave the building turn off the lights!!!

By the by, if I was a pedantic bastard I would be complaining about the sloppy lazy lifted from a press release story. But also with Ryanair's 300+ aircraft you think someone from the Irish Times could get an up to date picture!!!! :ugh::ugh:

mik3bravo 12th Jul 2015 14:33

Just did price check on LCY-DUB return 4-6 Sep.
Get this, on BA website it comes to £178. On Aer Lingus website it states (operated by BA CityFlyer) and for same flight it's just shy of £300!!!

Aer Lingus rip-off pricing never changes!

Then double checked what they'd be on Skyscanner and yep, rip-off price is there too.

Jamie2k9 12th Jul 2015 14:42


Just did price check on LCY-DUB return 4-6 Sep.
Get this, on BA website it comes to £178. On Aer Lingus website it states (operated by BA CityFlyer) and for same flight it's just shy of £300!!!

Aer Lingus rip-off pricing never changes!

Then double checked what they'd be on Skyscanner and yep, rip-off price is there too.
1 - They only loaded flights recently, take time for prices to settle down.
2 - It's a code share (for now) you will never get the same pricing, they want you to fly with EI over BA.
3 - Why would you try book with EI?

mik3bravo 12th Jul 2015 15:00

My company stopped supporting AL cause their prices were ridiculously costly compared to likes of BA and CityJet. I've stopped flying AL months ago. BA cityflyer is rammed every Friday 6pm LCY-DUB.

AL have abandoned Southend after all their fanfare marketing spin they packed up tjeir tents and moved on. Is it any wonder the pax fly with competitors to AL.

Jamie2k9 12th Jul 2015 15:27


My company stopped supporting AL cause their prices were ridiculously costly compared to likes of BA and CityJet. I've stopped flying AL months ago. BA cityflyer is rammed every Friday 6pm LCY-DUB.

AL have abandoned Southend after all their fanfare marketing spin they packed up tjeir tents and moved on. Is it any wonder the pax fly with competitors to AL.
Pricing is driven by demand so clearly planes are been filled and I expect all carriers on Fridays are rammed...

As for SEN, EI did not abandon it as they have no commercial say in what happened. Can't see the type of passengers SEN attracted moving to LCY/LHR anyway.

Hangar6 12th Jul 2015 15:55

DUB SEN
 
Just for the record EI have never and have no plans to operate this route

mik3bravo 12th Jul 2015 16:34

AL regional operated by Stobart. SEN to DUB is no longer.

EI-BUD 12th Jul 2015 22:28

The media reports about EU clearance for IAG Aer Lingus takeover include some concessions on slots in London, reports today in the media point to Gatwick slots potentially,which seemed surprising. I wonder if it is LGW will the slots surrendered come from BA, EI or a combination. Would be slightly concerned for BHD and NOC routes by EI if the slots come from EI . I would imagine NOC may be sensitive issue.

Surely any slots surrendered would benefit those airlines with the gravest concerns e.g. VS?


All times are GMT. The time now is 14:11.


Copyright © 2024 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.