Aer Lingus Share Discussion Threads

[lbo] 04/12/2009 18:08

Dublin Airport charges to rise next year

[lbo] 02/12/2009 10:54

IRISH guests account for two out of three bed nights sold in hotels as demand from overseas visitors falls due to the recession.

[lbo] 02/12/2009 10:28

Irish airline Aer Lingus will slash jobs and loss-making routes after failing to reach an agreement with unions in cost-cutting talks, it said on Tuesday

[lbo] 30/11/2009 22:35

Michael O'Leary, the outspoken chief executive of budget airline Ryanair, has said he expects to stand down within the next "two or three years", but only when his company has succeeded in taking control of Aer Lingus.

Speaking to Irish radio, Mr 0'Leary admitted that, having twice failed to take control of Aer Lingus in the last three years, an outright bid for the Irish flag-carrier is now unlikely. But, he said, "we'll let them mismanage Aer Lingus for the next two years, and they'll then come back to ask us to rescue it.

[lbo] 23/11/2009 12:17

TOURISM DECLINE: THE SLUMP in tourism is showing no sign of easing, with data published yesterday by the Central Statistics Office confirming a sharp decline in visitor numbers.

Almost 14 per cent fewer overseas visitors came to the Republic in September this year compared with September 2008, continuing a trend that has been under way since the middle of last year.

[lbo] 22/11/2009 21:45

Investing in airlines still seen as a mug's game

[lbo] 18/11/2009 22:01

Irish airline Aer Lingus warned Wednesday of more possible job losses if agreement cannot be reached by the end of November over proposed cost cutting measures.

[lbo] 18/11/2009 20:23

THE legendary investor Warren Buffet once remarked that any right-minded capitalist who had seen the Wright Brothers' plane take to the skies back in 1903 should have shot it down and saved investors 100 years of agony because airlines have never made a profit.

[lbo] 18/11/2009 08:17

AER LINGUS'S share price closed down more than 3 per cent in Dublin yesterday after it announced that the deadline for acceptance of a controversial €97 million restructuring plan had been extended

[lbo] 13/11/2009 10:32

More bad news for Aerlingus with BA merging with Iberia

[lbo] 12/11/2009 20:57

'CLOUD OVER FUTURE OF BMI' - The Times says British Midland (BMI) has admitted that it may not be able to continue as a going concern beyond next year in the face of an acute funding crisis at the airline.

[lbo] 09/11/2009 10:37

PASSENGER CHARGES at Dublin airport could rise sharply over the next five years after Minister for Transport Noel Dempsey issued a "direction" to aviation regulator Cathal Guiomard to set the fee in a way that would allow the Dublin Airport Authority (DAA) recoup the cost of building Terminal 2 (T2) and other facilities.

[lbo] 09/11/2009 10:10

I do not work for Ryanair. I don't even fly with them but that does not mean they are not a better business then Aer Lingus. Note I said business not Airline! LOL

But fact is Ireland is not the Ryanair main market unlike Aer lingus and Ireland is a badly declining market due its poor economic background. O'Leary will put Aer Lingus under and then pick the pieces off the bones that he wants IMHO.



A RIGHTS commissioner has found that a decision by Aer Lingus not to pay an increment of over €900 due to a pilot last April represented an unlawful deduction of wages.

[r0cksteady] 09/11/2009 09:36

Interesting that you never refuted my suggestion you work for Ryanair!

Not in the airline business myself & don't even hold AERL shares - just an interested observer.

You post links as if I am disagreeing with you that RYA is a considerably stronger company, but as you don't seem to address any of my points - then little point in this conversation continuing..

[lbo] 09/11/2009 08:46

And you sound like you work for Aer Lingus. Especially when you think Aer lingus poses any competition to Ryanair. The two companies sets of results speak for themselves!


Aer Lingus revenues drop by 9.7pc in Q3

[r0cksteady] 09/11/2009 01:19

You nearly sound like you work for Ryanair! :)

Yes Aer Lingus is loss making, Yes it is burning cash and Yes it has high costs.

But right now most airlines are losing money and Aer Lingus is no different. It has to cut costs significantly - which is occuring at the moment & i'm intrigued if management can stem the bleeding. So that when we get out of this blasted recession, Aer Lingus is in better shape.

As for Ryanair not being hurt by Aer Lingus currently is wrong. They have no appetite for a price war out of their largest hub, and at Aer Lingus prices currently - they are getting it.

There is some underlying value in the company - specifically their heathrow slots, planes & long range routes. Ryanair plans to move trans-atlantic eventually & getting Aer Lingus can help make that a reality in the shorter term.

As for the links you sent - to be honest it kind of backs up what Aer Lingus are trying to do in its restructuring. Its cutting less profitable roots & flying more passengers on the plane.

To snap Aer Lingus for 0.80 to 1 euro is small change for Ryanair imo - and agree with ein that there possibly could be a bid around budget time..

[lbo] 08/11/2009 22:09

Get what? A loss making unionised business that has high costs and burning cash! Never mind the fact that its mainly operating in an Irish market that is experiencing the worse recession in Europe. Ryanair on the other hand is more diversified with bigger exposure outside Ireland so your comments about Aer Lingus hurting Ryanair is fanciful to say the least! O'Leary does not what Aer Lingus now unless its for free. Or at best he will buy the bits he wants off the receiver which many aviation analysts expect will be called in by next year.

Aer Lingus October passenger numbers fall

[ein] 06/11/2009 17:04

Rock, must say I agree with you and feel it could be quite soon. Probably around the time of the budget.

[r0cksteady] 06/11/2009 16:54

Why bid? Because they can get them at a cheap price anyway. They can take their cash on balance sheet and avoid what is shaping up to be a fight to the death out of Dublin.

It is all hype from O'Leary IMO, AERL wont go bust for a quite some time. They will attempt to cut costs and if they can achieve targeted savings while improving their plane loads, then it would still hurt Aer Lingus over long run but it will still hurt Ryanair, hence why I think a bid is coming. I have heard rumblings - but just wanted to confirm when a bid could be tabled.

Don't get me wrong, Aer Lingus is on the beginning of a slow & painful death, but imo that death will not happen in the immediate term & Ryanair will face a bit of pain - hence a cheap takeover now...

[lbo] 06/11/2009 13:56

Irish spending on both foreign and domestic travel fell in the second quarter of 2009

[lbo] 06/11/2009 12:33

Why bid? They are going to get them from the administrator for free! Or at worst get them for next to nothing in an emergency rights issue!

Aer Lingus sees traffic fall

[r0cksteady] 03/11/2009 16:08

Hi all. Quick question. Assuming Ryanair were to make another bid for Aer Lingus, from what date are they allowed to make the offer? Isn't there something about them having to wait a year from previous offer?

TIA.

[lbo] 19/10/2009 09:55

Airlines go bust, and that is certainly the fate in store for Aer Lingus if it continues on its current flight path. The airline is burning through its cash reserves at an alarming rate and is carrying the wrong kind of "passengers" - highly paid employees who still enjoy allowances and perks that were embedded in the business during its long period in state ownership.

There are other problems. Aer Lingus is grappling with a €460m hole in its defined-benefit pension scheme and must engineer a solution to its problems while competing with Ryanair, probably the most aggressive operator in the business

[lbo] 15/10/2009 21:55

Trips to Ireland down by 600,000 in 09

[lbo] 11/10/2009 21:42

Insolvency threat for airline over pension scheme