Aer Lingus Share Discussion Threads

[fisons5] 17/5/2009 22:56

bmw30cls you must work for Ryanair to make such a daft comment!!
You obviously did not listen to the RTE news,where Barrington refutes
all of O'Leary's daft predictions.
LBO seems happy to keep slagging the airline with nothing constrcutive to say.
Probably another Ryanair employee.
Aer Lingus is a strong airline with a good brand and cash in the bank, it will be around to be a thorn in O'Leary's side for many a year.

[bmw30csl] 17/5/2009 14:54

Its finished so.

[lbo] 17/5/2009 14:41

LBO - 27 Apr'09 - 12:36 - 111 of 126 edit




The Dublin Airport Authority is experiencing passenger declines at all three of its Irish airports. Volume is now expected to fall by 11% in 2009 from 29.6m to under 26.5m. That contraction will stem from the withdrawal of a number of carriers together with weaker demand for services from Aer Lingus and Ryanair. Together, they account for about 70% of traffic to and from Ireland so the DAA forecast is a material input to planning. Aer Lingus generates over 90% of its traffic through Irish airports

[bmw30csl] 16/5/2009 15:43

what share of aerl and rya traffic originates in irealnd versus the UK i wonder?

[lbo] 16/5/2009 14:29

14 May 2009
Fall in inbound visitors to Ireland

Ireland's Central Statistics Office (CSO) has reported a sharp decline in the number of people visiting the country during March, with a 16 per cent decrease compared with the same period last year.

According to the CSO, the main reason for the decline in inbound numbers is a 26.3 per cent decrease in tourists visiting from the United Kingdom, contributing to an overall fall of 9.1 per cent in the number of visits to Ireland for the first quarter of 2009.

The CSO figures also revealed that the number of Irish residents travelling abroad also dropped by 15.4 per cent to 563,700, which has resulted in a 12.6 per cent fall in overall outbound travel in the first three months of the year

[lbo] 15/5/2009 09:23

Up to 400 airport staff facing axe as traveller numbers fall



If the Angel investors do not exist

[lbo] 13/5/2009 15:51

Aer Lingus to generate an operating loss of over €100m in FY09 which should reduce the net cash position from €653.9m at December 2008 to near €300m by year end, starkly illustrating the need for further cost cuts and capex reductions as net cash approaches €200m in FY10

[bmw30csl] 13/5/2009 10:59

i hear that they are eating into that cash pile faster than people are expecting.

[lbo] 13/5/2009 09:49

O'Leary could be happy to see them go bust as he cant take them over and nobody else wants them.

Aer Lingus cuts back on Belfast routes

[bmw30csl] 09/5/2009 21:42

LBO - whats the story here apart from the traffic etc - will she stay going? Best way to make a small fortune in airlines is to start...........

Just think this could be overdone but havent done any work on it.

[lbo] 09/5/2009 13:26

Air traffic movement in Irish skies declines

[lbo] 08/5/2009 15:05

Travel slump intensifies in March

Friday, 8th May 2009



The number of trips abroad by Irish residents in March was down 15.4pc to 563,700 compared to the same month in 2008 while the number of trips by foreigners to Ireland fell 16pc to 532,800, the latest figures from the CSO reveal.

This brings the total number of trips abroad for the first quarter of 2009 to 1,539,800 which fell short of the same period in 2008 by 12.6pc.

The decline of over 96,000 (26.3pc) to 269,400 in the number of visits by residents of Great Britain was again the principal determining factor. Visits by residents of North America were down by just over 8pc to 59,600 while those from Other Europe actually increased by 2.8pc to 190,100. Visits to Ireland overall for the first quarter of 2009, at 1,402,200, were 9.1pc less than the same period in 2008.

[lbo] 08/5/2009 08:31

O'Leary: Aer Lingus's end is near



RYANAIR boss Michael O'Leary yesterday sensationally predicted that Aer Lingus will go out of business within the next two years if it doesn't manage to curb costs and improve its management.


Aer Lingus may soon be running on empty

[fisons5] 29/4/2009 17:42

What was announced yesterday was something we already knew.The share price was already beaten up...so I am surprised at the sudden drop to 56cent, the usual market overreaction and hysterics.
Bit of a bounce today. Certainly punters choice at these ridicously low levels.
Only a matter of time before it rallies strongly, share price could easily rally over a euro if aer lingus makes the right moves.

[lbo] 29/4/2009 14:18

Aer Lingus facing €100m loss as revenues decline 16%



"They're running out of cash rapidly"

[josels] 28/4/2009 21:33

is this oversold?, is it time to make some money here?

[lbo] 28/4/2009 13:30

Total revenues at Aer Lingus fell by 16% during the first three months of 2009 compared to the same time in 2008 and the airline said it was facing an exceptionally tough trading environment.

In response, its shares had tumbled by 17% in Dublin by lunchtime. Ryanair chief executive Michael O'Leary described the Aer Lingus figures as 'appalling' but ruled out another Ryanair bid for the airline

[lbo] 27/4/2009 12:36

The Dublin Airport Authority is experiencing passenger declines at all three of its Irish airports. Volume is now expected to fall by 11% in 2009 from 29.6m to under 26.5m. That contraction will stem from the withdrawal of a number of carriers together with weaker demand for services from Aer Lingus and Ryanair. Together, they account for about 70% of traffic to and from Ireland so the DAA forecast is a material input to planning. Aer Lingus generates over 90% of its traffic through Irish airports

[lbo] 24/4/2009 20:32

The Irish trade union SIPTU has analysed the condition of the pension scheme of employees at Dublin airport including those in the Dublin Airport Authority and Aer Lingus. Using its own assumption based on equity market movements in the past year, it calculates an excess in liabilities of €628m in the fund. It says "the main employers must set aside funds from their cash reserves to demonstrate the appropriateness of an investment approach that will secure the viability of the Irish Airlines Superannuation Scheme"
• Along with the operational challenges facing Aer Lingus, particularly on long-haul, investors must now monitor this pension issue as a risk. In 2006 when Aer Lingus completed its IPO over €100m was injected to the pension scheme by the company. Pension and assurance fund managers who participated in the IPO understood that payment was sufficient to separate the company from future liabilities in the scheme.
• If this is now contested, it is an additional risk to the €650m net cash that Aer Lingus held in December, before the operating losses that have streamed through the business since. Caveat Emptor.

[lbo] 24/4/2009 16:20

Foreign holidays, spending down sharply

Friday, 24th April 2009



The number of foreign holiday trips taken during the last three months of 2008 by Irish residents fell by just over 9pc to 1,023,000 compared to the same period in 2007, the latest figures from the CSO show.



Total passenger numbers at DAA's three airports were 29.9 million, a fall of 0.6%. The DAA is expecting a further fall of around 11% to 26.6 million this year, due to weak economic conditions at home and abroad and lower airline capacity.

[lbo] 24/4/2009 12:27

BA's wings clipped as Irish revenues dip to €60m



LIKE ALL airlines around the world at present, British Airways is having to weather a harsh economic storm. Its Irish business too has not been immune to the pressure of recession.

BA, which is led by Irishman Willie Walsh, told me that it earned €60 million in revenues from the Irish market in 2008 compared with €88 million in the previous year.

[lbo] 08/4/2009 14:54

Aer Lingus passengers dive by 170,000

[bongo bwana] 07/4/2009 15:44

Welcome back LBO.

[lbo] 07/4/2009 15:15

Irish trips abroad plunge 13.4pc in Feb