Aer Lingus Share Discussion Threads

[lbo] 08/10/2010 21:29

Aer Lingus warns crew over industrial action

[lbo] 07/10/2010 11:58

Aer Lingus carries 3.4pc fewer in Sept

[lbo] 27/9/2010 22:46

Official figures show that in the first eight months of this year -- including the summer season -- 700,000 fewer tourists visited than last year

BY Michael O'Leary's own admission, Ryanair's 'Irish Tourism Recovery Strategy', which the airline "launched" at its AGM on Wednesday, consists mainly of taking a pop at the DAA and airport tax.

But the dig also served to flag up a serious situation.

Tourism, our biggest indigenous industry, is in a fairly desperate state. Formerly the fastest growing sector of the economy, now visitor numbers are falling faster than an airborne jet plane with its engine switched off.

Visitor numbers fell 12 per cent last year, and they're still falling. Revenue fell by 19 per cent.

[lbo] 15/9/2010 10:02

"The Irish economic outlook remains clouded in uncertainty" Bloxham's chief economist Alan McQuaid said. "With the latest US economic indicators clearly showing that the world's largest economy is slowing down, this doesn't augur well for the economic picture here at home

[lbo] 07/9/2010 09:44

Aer Lingus passenger numbers dip 7pc

[lbo] 30/8/2010 23:34

TWO of Ireland's leading companies, regional airline Aer Arann and well known housebuilder McInerney, face an uncertain future after both went into examinership

[lbo] 24/8/2010 22:38

Standard & Poor's Downgrades Ireland to 'AA-, Says Further Downgrade Possible



shortly after the U.S. market close, Standard & Poor's downgraded the long-term sovereign credit rating on the Republic of Ireland to 'AA-' from 'AA'. The move is sure to create turmoil in tomorrow's European session.

[lbo] 24/8/2010 11:25

Aer Lingus posts E20m in losses for H1

[lbo] 16/8/2010 13:54

Increased charges will damage us -- Aer Lingus



Aer Lingus chief executive Christoph Mueller has warned Transport Minister Noel Dempsey that increasing passenger charges at Dublin Airport would force the airline to find an additional €25m in annual savings.

Mr Mueller said the airline would have to absorb an up to 41pc rise in passenger charges from this year because it would not be possible in the "current and expected demand environment" to pass the increases on to consumers

[lbo] 16/8/2010 13:49

If bond market is right, then recovery is dead in the water



The credit markets tend to sniff out trouble first and have acted as an early warning alert at every stage of the financial crisis over the past three years. If the bond market is correct, then this recovery for Ireland is dead in the water.

We need to face facts and the facts are most of us have been too optimistic at almost every single juncture in this crisis.

Look at house prices, unemployment stats, our yawning budget deficit or the banks -- all of which have produced nothing but bad news time and time again. At every turn, they have disappointed -- especially the banks and more especially Anglo

[tillman] 12/8/2010 21:45

Ref.

LBO - 9 Aug'10 - 10:19 - 266 of 267


Thats what was said about Anglo Irish Bank too! LOL
======================
Not quite sure how you got to this conclusion.
"Don't argue with the tape (ticker)" would have been very relevant with Anglo Irish but on the downside. The ticker or price was heading down so the quote of don't argue with the tickertape would have implied that you should not buy or hold Anglo!
I appreciate that things sometimes come out of the blue such as profit warnings etc but the quote is from a wise person and we could all do better if we paid more attention to it.

As for Aer Lingus, it's one hum dinger of a chart for me. The breakout above 0.8 implies a rise to at least 1.1
A pull back is to be expected. It would be a great chance to buy if the price comes back to 0.8 but I doubt it will come right back there. If it does, I will be tempted to buy it with a tight stop loss in case it re-enters below 0.8 which would imply the chart breakout no longer applies.
However, sometimes Sod's law then applies i.e. you buy it at 0.81 thinking you have done really well to then see you get stopped out at just below 0.8 only to see it then rise again and leave you behind. LOL!

[lbo] 09/8/2010 10:46

Aer Lingus passenger traffic falls

[lbo] 09/8/2010 10:19

Thats what was said about Anglo Irish Bank too! LOL





Aer Lingus carried 8.7pc fewer in July

[tillman] 06/8/2010 21:04

And despite all the gloom quoted from LBO, the price still goes up.
The quote of: "Don't argue with the tape (ticker)" seems appropriate.

[lbo] 30/7/2010 12:26

Travel numbers continue downward trend



Official figures show that the sharp drop in the number of people travelling to Ireland continued in May.

The Central Statistics Office said that overseas visitors made 502,500 trips to Ireland in May, a drop of by 23.6% from the same month last year. Visitor figures have been showing big drops in the early months of this year, not helped by severe weather and disruption to air traffic caused by volcanic ash.

[lbo] 30/7/2010 12:15

LOL indeed!!!





Aer Lingus passengers could face travel disruption next month because of a row between cabin crew and management over revised working hours.

[tillman] 23/7/2010 08:44

No comments from LBO hey!
LOL

[lbo] 08/7/2010 12:53

Passenger traffic down by 8.6pc at Aer Lingus

[lbo] 06/7/2010 21:30

Court slaps veto on Ryanair A Lingus bid

[lbo] 08/6/2010 19:12

Ash hits Aer Lingus totals again in May

[lbo] 11/5/2010 14:29

Aer Lingus numbers plunge 27%

THE crisis facing tourism due to the volcanic ash disruption warrants an emergency response, according to a top aviation analyst as Aer Lingus passenger numbers plunge 27%.

[lbo] 10/5/2010 10:47

Aer Lingus saw passenger numbers fall by more than a quarter in April, compared to the same month a year earlier, according to new figures.

The airline attributed the decline in numbers flying to the disruption caused by the volcanic ash clouds from the Eyjafjallajoekull volcano in Iceland. As a result of the ash cloud, a large number of flights to and from Ireland were cancelled.

[lbo] 09/5/2010 21:13

Tourism in crisis over ash threat



Tourism executives are to meet the government tomorrow amid fears that disruption caused by volcanic ash will create a crisis for the €5 billion industry.

With inward-tour operators already reporting thousands of cancellations, fears are mounting that the continuing unpredictability of flights in and out of Ireland could result in a disastrous summer for the industry

[lbo] 30/4/2010 12:24

There were 6,927,000 overseas visits to Ireland in the year 2009, compared with 7,839,000 in 2008, a decrease of 11.6pc, the latest figures from the CSO show.

The number of overseas visits to Ireland dropped on all routes in 2009. Trips on air cross-channel routes decreased by 15.6pc in 2009 while expenditure decreased by 21.5pc. Business trips decreased by 20.5pc while spending decreased by over 25pc.

Holiday/leisure/recreation expenditure and trips decreased by 26pc and 18pc respectively

[lbo] 28/4/2010 09:20

The Irish government will not be providing compensation to the country's airlines for losses during the recent volcanic ash crisis, the Minister for Transport has said