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Share Name | Share Symbol | Market | Stock Type |
---|---|---|---|
Aer Lingus | AERL | London | Ordinary Share |
Open Price | Low Price | High Price | Close Price | Previous Close |
---|---|---|---|---|
2.5338 | 2.5338 |
Top Posts |
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Posted at 16/4/2010 20:45 by lbo IRISH airlines and hotels, already reeling from the recession and unprecedented floods and snow earlier this year, are set to lose millions of euro as a result of a volcanic eruption in Iceland .Around 120m was knocked off the value of Ryanair and Aer Lingus as investors fear the delays--and further possible delays today --will hit profits. |
Posted at 18/3/2010 23:20 by lbo Why bid when they can wait and buy what they want for a lot less off the receiver and face no EU competition problems or finding any further nasty surprises hidden under some dirty stones!Former Anglo Irish Bank chief Seán FitzPatrick under arrest FitzPatrick also resigned in December 2008, from the boards of Smurfit Kappa, Aer Lingus, food group Greencore and investor, Gartmore Irish Growth Fund. |
Posted at 18/11/2009 20:23 by lbo 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. |
Posted at 15/5/2009 08:23 by lbo Up to 400 airport staff facing axe as traveller numbers fall If the Angel investors do not exist |
Posted at 24/4/2009 19:32 by lbo 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. |
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