Ryanair bobs for Aer Lingus again
Dec 1, 2008 | 3:07 am
#1
Original Poster
Join Date: Jul 2005
Location: Ireland
Programs: BA Gold, A3 Gold, BD..oh, wait..
Posts: 4,045
Ryanair bobs for Aer Lingus again
One wonders if Aer Lingus' lack of comment (in comparison to the last time) is telling..
Story here
Story here
Dec 1, 2008 | 4:09 am
#2
Join Date: Mar 2002
Location: DUB - Ireland
Programs: EI-GCE, BD-G, BA-G, A3*G, TK*G, FB-G, HH-G, Hyatt-Dia
Posts: 8,527
I think you might be right. More detail, or at least a better article, here.
There are strange things happening to regional airlines right now. It looks like BD/LH will dump WW, which is unsurprising, but the big roumour is that they are also looking at getting rid of the highly profitable BD Regional subsidiary - either, or both, to FlyBe.
In the context of Ireland, hopefully, BD will retain its LHR routes. If FR does swallow EI and keep the green tails under a separate brand, then we'd expect to see a very highly geared FREI moving connecting pax to DUB (SNN?) for TATL services. Of course, they could move the 330s to another base, but Ireland is the most westerly point and FR can already move pax around Europe on a profitable basis, so I don't see a pressing need for change in the immediate term.
While we would have absolutely the second worst airlines in Europe (there's always FlyBe, isn't there?
) we may well find we have the best route capacity going.
There are strange things happening to regional airlines right now. It looks like BD/LH will dump WW, which is unsurprising, but the big roumour is that they are also looking at getting rid of the highly profitable BD Regional subsidiary - either, or both, to FlyBe.
In the context of Ireland, hopefully, BD will retain its LHR routes. If FR does swallow EI and keep the green tails under a separate brand, then we'd expect to see a very highly geared FREI moving connecting pax to DUB (SNN?) for TATL services. Of course, they could move the 330s to another base, but Ireland is the most westerly point and FR can already move pax around Europe on a profitable basis, so I don't see a pressing need for change in the immediate term.
While we would have absolutely the second worst airlines in Europe (there's always FlyBe, isn't there?
) we may well find we have the best route capacity going.
Dec 1, 2008 | 1:06 pm
#4
Original Poster
Join Date: Jul 2005
Location: Ireland
Programs: BA Gold, A3 Gold, BD..oh, wait..
Posts: 4,045
LOL
I can see two seperate brands working well. EI has everything in place that FR wants to have for it's long haul services (codeshares, business class, FFP, interlining) without the FR "tarnish" that might put people off flying "RyanAtlantic". EI could be used across Europe with the appropriately expanded fleet for long haul routes, and "premium" (if you could call EI that, but in comparison to FR it is, I guess!) short-haul - possibly with a re-jigged product offering across the board.
The current administration is much more likely to sell their shares for the right price than the previous one, and even though Aer Lingus's board have come out and advised shareholders to "take no action" as the current offer undervalues EI it's hardly a rousing rebuke, or comes close to the condemnation they previously issued when FR bid for them. Interesting times indeed. I do think that EI can only be isolated for a short while and that someone, somewhere is going to have to think fast before it finds itself in deep trouble in the current marketplace.
I can see two seperate brands working well. EI has everything in place that FR wants to have for it's long haul services (codeshares, business class, FFP, interlining) without the FR "tarnish" that might put people off flying "RyanAtlantic". EI could be used across Europe with the appropriately expanded fleet for long haul routes, and "premium" (if you could call EI that, but in comparison to FR it is, I guess!) short-haul - possibly with a re-jigged product offering across the board.
The current administration is much more likely to sell their shares for the right price than the previous one, and even though Aer Lingus's board have come out and advised shareholders to "take no action" as the current offer undervalues EI it's hardly a rousing rebuke, or comes close to the condemnation they previously issued when FR bid for them. Interesting times indeed. I do think that EI can only be isolated for a short while and that someone, somewhere is going to have to think fast before it finds itself in deep trouble in the current marketplace.
Dec 1, 2008 | 5:24 pm
#5
Join Date: Nov 2000
Location: dublin,ireland AA ( 3mm)
Posts: 1,826
LOL
I can see two seperate brands working well. EI has everything in place that FR wants to have for it's long haul services (codeshares, business class, FFP, interlining) without the FR "tarnish" that might put people off flying "RyanAtlantic". EI could be used across Europe with the appropriately expanded fleet for long haul routes, and "premium" (if you could call EI that, but in comparison to FR it is, I guess!) short-haul - possibly with a re-jigged product offering across the board.
The current administration is much more likely to sell their shares for the right price than the previous one, and even though Aer Lingus's board have come out and advised shareholders to "take no action" as the current offer undervalues EI it's hardly a rousing rebuke, or comes close to the condemnation they previously issued when FR bid for them. Interesting times indeed. I do think that EI can only be isolated for a short while and that someone, somewhere is going to have to think fast before it finds itself in deep trouble in the current marketplace.
I can see two seperate brands working well. EI has everything in place that FR wants to have for it's long haul services (codeshares, business class, FFP, interlining) without the FR "tarnish" that might put people off flying "RyanAtlantic". EI could be used across Europe with the appropriately expanded fleet for long haul routes, and "premium" (if you could call EI that, but in comparison to FR it is, I guess!) short-haul - possibly with a re-jigged product offering across the board.
The current administration is much more likely to sell their shares for the right price than the previous one, and even though Aer Lingus's board have come out and advised shareholders to "take no action" as the current offer undervalues EI it's hardly a rousing rebuke, or comes close to the condemnation they previously issued when FR bid for them. Interesting times indeed. I do think that EI can only be isolated for a short while and that someone, somewhere is going to have to think fast before it finds itself in deep trouble in the current marketplace.
But FR would have to Interline with EI at a minimum
Dec 2, 2008 | 2:37 am
#6
Join Date: Mar 2002
Location: DUB - Ireland
Programs: EI-GCE, BD-G, BA-G, A3*G, TK*G, FB-G, HH-G, Hyatt-Dia
Posts: 8,527
I'm speculating now, but when FR put in their new website last year, they may well have quietly put in the technology to manage interlining with an, er, partner. Let's face it, EI added JetBlue without any trouble.
So, Boeing or Airbus?
So, Boeing or Airbus?
Dec 4, 2008 | 1:33 pm
#8
Join Date: Nov 2000
Location: dublin,ireland AA ( 3mm)
Posts: 1,826
And offer improved as of today ( per www.rte.ie)
recognition of EI trade unions
restoration of SNN/LHR
Government control over LHR slots
recognition of EI trade unions
restoration of SNN/LHR
Government control over LHR slots
Dec 5, 2008 | 6:55 am
#9
Join Date: Mar 2002
Location: DUB - Ireland
Programs: EI-GCE, BD-G, BA-G, A3*G, TK*G, FB-G, HH-G, Hyatt-Dia
Posts: 8,527
It's now starting to look like a proper offer,well thought out, something for most every stakeholder and I have to say, I'm not resenting the notion too much either (which surprises me).
Dec 9, 2008 | 12:25 pm
#10
Join Date: Nov 2000
Location: dublin,ireland AA ( 3mm)
Posts: 1,826
Title needs to be changed to "Manchester United bobs for Burnley again"
MOL cracks me up sometimes
Mannion did not take too kindly this am to the comparison, sounded like he wanted to be at least Liverpool
MOL cracks me up sometimes
Mannion did not take too kindly this am to the comparison, sounded like he wanted to be at least Liverpool
Dec 12, 2008 | 11:37 pm
#11
FlyerTalk Evangelist
Join Date: Dec 2003
Posts: 13,143
Ryanair Suffers Double Setback In Aer Lingus Bid
December 12, 2008
Ryanair suffered a double blow in its bid for Aer Lingus on Friday as the target's chairman said he would seek a "white knight" investor to defeat the approach and regulators blocked parts of the offer for its rival.
Source: http://news.airwise.com/story/view/1229118114.html
Ryanair suffered a double blow in its bid for Aer Lingus on Friday as the target's chairman said he would seek a "white knight" investor to defeat the approach and regulators blocked parts of the offer for its rival.
Source: http://news.airwise.com/story/view/1229118114.html
Dec 22, 2008 | 10:47 pm
#13
FlyerTalk Evangelist
Join Date: Dec 2003
Posts: 13,143
Aer Lingus Rejects Ryanair Bid, Forecasts Profits
December 22, 2008
Irish airline Aer Lingus pledged to make a small profit in 2008 and 2009 as it set out its case against the EUR750 million euro (USD$1 billion) takeover bid from Ryanair.
Source: http://news.airwise.com/story/view/1229977892.html
Irish airline Aer Lingus pledged to make a small profit in 2008 and 2009 as it set out its case against the EUR750 million euro (USD$1 billion) takeover bid from Ryanair.
Source: http://news.airwise.com/story/view/1229977892.html