FlyerTalk Forums - View Single Post - Aer Lingus IAG take over bid [Master Thread]
Old Feb 27, 2015, 8:09 am
  #171  
MeltingAlf
 
Join Date: Nov 2014
Location: SIN and Medway, UK (so... LCY/LGW/BRU)
Programs: A3 *G, BA OWS, VS Gold, IHG Diamond Amb, Bonvoy Plat
Posts: 749
Originally Posted by londonbus
I see "Socialist Party TD Ruth Coppinger said it would be really reckless for an island nation to give up its airline.

Speaking at a press conference to publicise a private members' Dáil motion opposing austerity, she said Aer Lingus is a prosperous company and workers will resist its sale"

Hmmmm....

Anyway, meantime elsewhere WW plays another card

http://www.independent.ie/business/i...-31026734.html

That sounds like a bargaining position to me. I reckon a fiver (sterling or euro) that the slot guarantee period is longer than 5 years, less than 10 and that the transaction completes....
Looks like EI is becoming that unobtanium material that formerly MOL and now WW wants.

It will be interesting to see the outcome of the talks with the unions - if the unions offer a vote of confidence at the end of the day for the takeover bid after WW does his charm offensive on them - the politicians (be it Taoiseach, TDs or whoever opposing) will look like the most short-sighted people in the house.
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