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Goodbye Aer Lingus

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12467…13

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    #92
    Geniass
    Closed Accounts Posts: 643 ✭✭✭Geniass


    Graham wrote: »
    Iberia had a lot of flab they needed to loose, EI have already lost most of theirs.

    They will lose some admin/finance jobs, but potentially gain more in an expanded airline.


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    #93
    Junkyard Tom
    Registered Users Posts: 10,117 ✭✭✭✭Junkyard Tom


    RayM wrote: »
    I've never really understood why the state should own an airline.
    Whisky Mac wrote: »
    I never got this either
    Eugene Norman wrote: »
    That said there is no need now for the state to involve itself in airlines.

    For purely strategic reasons, as an island nation, would it not be prudent of the government to retain some copper-fastened stake or clause that EI can come under the Irish government's control in the event of catastrophe, war or some-such?


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    #94
    HIB
    Registered Users Posts: 259 ✭✭HIB


    Terrible news for so many Cork businesses.
    How long before the Heathrow slots vanish I wonder?


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    #95
    Timberrrrrrrr
    Registered Users Posts: 25,468 ✭✭✭✭Timberrrrrrrr


    Junkyard Cat wrote: »
    For purely strategic reasons, as an island nation, would it not be prudent of the government to retain some copper-fastened stake or clause that EI can come under the Irish government's control in the event of catastrophe, war or some-such?


    What??? :confused:


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    #96
    Little CuChulainn
    Closed Accounts Posts: 7,624 ✭✭✭Little CuChulainn


    RayM wrote: »
    I'm no fan of privatisation of public utilities, but I've never really understood why the state should own an airline.

    Presumably it's because of the importance of maintaining a good link with as many countries as possible for tourism without the over-riding goal of profit.


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    #97
    mahoganygas
    Closed Accounts Posts: 1,488 ✭✭✭mahoganygas


    somesoldiers wrote: »
    hopefully, nothing like a bit of insider info

    Stock has been trading close to the 1.55 mark all day. The market knows this is inevitable.


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    #98
    Junkyard Tom
    Registered Users Posts: 10,117 ✭✭✭✭Junkyard Tom


    Timberrrrrrrr wrote: »
    What??? :confused:

    You know, if a major war broke out in Europe, or if there was some sort of catastrophe like a massive Tsunami or some other calamity.. a fleet of aircraft under control of the government could be essential for rescuing/evacuating people, bringing in supplies/aid etc.


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    #99
    ThisRegard
    Closed Accounts Posts: 27,834 ✭✭✭✭ThisRegard


    The airline currently is not in control of the state anyway.


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    #100
    Graham
    Moderators, Society & Culture Moderators Posts: 17,642 Mod ✭✭✭✭Graham


    Junkyard Cat wrote: »
    You know, if a major war broke out in Europe, or if there was some sort of catastrophe like a massive Tsunami or some other calamity.. a fleet of aircraft under control of the government could be essential for rescuing/evacuating people, bringing in supplies/aid etc.

    You do realise the airline has already been privatised, it's no longer under state control.


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    #101
    Graham
    Moderators, Society & Culture Moderators Posts: 17,642 Mod ✭✭✭✭Graham


    HIB wrote: »
    Terrible news for so many Cork businesses.
    How long before the Heathrow slots vanish I wonder?

    Shocking, the residents of Cork may now have to use the air services provided such that they're maintained on a commercial rather than political basis.


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    #102
    Junkyard Tom
    Registered Users Posts: 10,117 ✭✭✭✭Junkyard Tom


    Graham wrote: »
    You do realise the airline has already been privatised, it's no longer under state control.

    Doesn't the state remain the largest share-holder though?


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    #103
    HIB
    Registered Users Posts: 259 ✭✭HIB


    Junkyard Cat wrote: »
    You know, if a major war broke out in Europe, or if there was some sort of catastrophe like a massive Tsunami or some other calamity.. a fleet of aircraft under control of the government could be essential for rescuing/evacuating people, bringing in supplies/aid etc.

    Or, leaving aside the disaster scenarios, maintaining regional links to key European airports is essential for fostering business and innovation outside of Dublin.

    But shur, at this stage, Enda and co would probably sell their grannies, if they thought it would fund a round of tax cuts before the election.


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    #104
    54and56
    Registered Users Posts: 7,659 ✭✭✭54and56


    Junkyard Cat wrote: »
    You know, if a major war broke out in Europe, or if there was some sort of catastrophe like a massive Tsunami or some other calamity.. a fleet of aircraft under control of the government could be essential for rescuing/evacuating people, bringing in supplies/aid etc.

    That's what the Air Corps are for. Do you think The Brits own BA? No, they have invested in their own Air Corp for dealing with emergency's.

    Also, if there was a real once in a century type disaster (civil unrest, tsunami etc) the Govt can simply nationalise the airline or commandeer the aircraft by issuing a decree.


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    #105
    HIB
    Registered Users Posts: 259 ✭✭HIB


    Graham wrote: »
    Shocking, the residents of Cork may now have to use the air services provided such that they're maintained on a commercial rather than political basis.

    Well it looks like EMC, Apple, Pfizer etc. will all probably have to do without a link to Heathrow.
    Not to mention all the smaller businesses whose main export market is the UK, and whose business depends upon fostering close relationships with their customers.


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    #106
    Junkyard Tom
    Registered Users Posts: 10,117 ✭✭✭✭Junkyard Tom


    Je_suis_Jean wrote: »
    That's what the Air Corps are for. Do you think The Brits own BA? No, they have invested in their own Air Corp for dealing with emergency's.

    Our Air Corps has nothing like the capacity that would be required to manage a major disaster/event though does it?
    Also, if there was a real once in a century type disaster (civil unrest, tsunami etc) the Govt can simply nationalise the airline or commandeer the aircraft by issuing a decree.

    Oh, I didn't know that. At least that's something.


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    #107
    Geniass
    Closed Accounts Posts: 643 ✭✭✭Geniass


    Junkyard Cat wrote: »
    Doesn't the state remain the largest share-holder though?

    Nope, that would be Ryanair.... for now at least.


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    #108
    bnt
    Registered Users Posts: 12,970 ✭✭✭✭bnt


    RayM wrote: »
    I'm no fan of privatisation of public utilities, but I've never really understood why the state should own an airline.
    You're not really a country until you have (a) an origin myth, (b) a beer, (c) an airline.

    From out there on the moon, international politics look so petty. You want to grab a politician by the scruff of the neck and drag him a quarter of a million miles out and say, ‘Look at that, you son of a bitch’.

    — Edgar Mitchell, Apollo 14 Astronaut



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    #109
    BonkeyDonker
    Registered Users Posts: 571 ✭✭✭BonkeyDonker


    HIB wrote: »
    Terrible news for so many Cork businesses.
    How long before the Heathrow slots vanish I wonder?
    HIB wrote: »
    Well it looks like EMC, Apple, Pfizer etc. will all probably have to do without a link to Heathrow.
    Not to mention all the smaller businesses whose main export market is the UK, and whose business depends upon fostering close relationships with their customers.

    If the deal is as rumored i.e. the Heathrow slots have to be ring fenced for X number of years then Cork AND Shannon will be in a better place than they are now. As it stands Aer Lingus has nothing making it fly these routes barring commercial reasons.

    I hope this deal goes through as it helps protect Aer Lingus in the long term, and give the airline the potential to grow at a quicker rate with the backing of a very well run and experienced parent company.


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    #110
    Graham
    Moderators, Society & Culture Moderators Posts: 17,642 Mod ✭✭✭✭Graham


    HIB wrote: »
    Well it looks like EMC, Apple, Pfizer etc. will all probably have to do without a link to Heathrow.
    Not to mention all the smaller businesses whose main export market is the UK, and whose business depends upon fostering close relationships with their customers.

    Complete and utter scaremongering with zero base in reality. Or are you privy to some secret insider information?


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    #111
    Massimo Cassagrande
    Closed Accounts Posts: 626 ✭✭✭Massimo Cassagrande


    My abiding memory of Cunnu Lingus is getting shafted up the chuff by them on flights to the UK back in the eighties. I hope they die roaring. Still can't get past the hate tbh..


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    #112
    Graham
    Moderators, Society & Culture Moderators Posts: 17,642 Mod ✭✭✭✭Graham


    bnt wrote: »
    You're not really a country until you have (a) an origin myth, (b) a beer, (c) an airline.

    I thought the beer and the airline had both already been sold.


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    #113
    john_bane
    Banned (with Prison Access) Posts: 26 ✭john_bane


    catbear wrote: »
    I was flying back from south america recently and all the airlines were charging roughly 600-700 to get to Madrid but the onward leg to Dublin with their partner Aerlingus was costing an extra 400!!!!

    Instead I booked a Ryanair flight from the same airport in Madrid for €25.

    Ryanair must have changed tack of late , I flew back early from argentina in the past year and while at Madrid airport , I enquired with Ryanair about getting a one way to Dublin

    190 quid , no bargains at short notice even with Ryanair in my experience


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    #114
    john_bane
    Banned (with Prison Access) Posts: 26 ✭john_bane


    mahoganygas wrote: »
    Stock has been trading close to the 1.55 mark all day. The market knows this is inevitable.

    stock hasn't been @ 1.55 in more than six months , it finished the day just below 2.40


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    #115
    Fr_Dougal
    Registered Users Posts: 9,167 ✭✭✭Fr_Dougal


    Massimo Cassagrande wrote: »
    My abiding memory of Cunnu Lingus is getting shafted up the chuff by them on flights to the UK back in the eighties. I hope they die roaring. Still can't get past the hate tbh..

    How would an airline 'die roaring'? :confused:


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    #116
    HIB
    Registered Users Posts: 259 ✭✭HIB


    Graham wrote: »
    Complete and utter scaremongering with zero base in reality. Or are you privy to some secret insider information?

    You honestly think aer lingus won't find a more profitable route to occupy those slots, once their short term commitment to those slots expired?

    I just can't see how a couple of hundred million euro is a big enough prize to risk losing those slots.

    They must be worth many multiples of that to the local economy.


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    #117
    Graham
    Moderators, Society & Culture Moderators Posts: 17,642 Mod ✭✭✭✭Graham


    HIB wrote: »
    You honestly think aer lingus won't find a more profitable route to occupy those slots, once their short term commitment to those slots expired?

    I just can't see how a couple of hundred million euro is a big enough prize to risk losing those slots.

    They must be worth many multiples of that to the local economy.
    Still no facts then?

    Use them or loose them. Remember those slots next time you or your neighbours choose to save €20 flying Ryanair.


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    #118
    john_bane
    Banned (with Prison Access) Posts: 26 ✭john_bane


    HIB wrote: »
    You honestly think aer lingus won't find a more profitable route to occupy those slots, once their short term commitment to those slots expired?

    I just can't see how a couple of hundred million euro is a big enough prize to risk losing those slots.

    They must be worth many multiples of that to the local economy.

    many airlines are trying to get out of heathrow , its like traffic in galway city over there

    as another poster pointed out , IAG may now use Dublin as another hub


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    #119
    mossleycnoc
    Registered Users Posts: 42 ✭mossleycnoc


    Rather one sided interview on RTE Six One news with some guy from tourist federation extolling the virtues of the deal. Seems like the elite have already decided that the airline should go. Not really sure that disposal of Heathrow slots is in the national interest tbh.


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    #120
    Duck Soup
    Registered Users Posts: 3,996 ✭✭✭Duck Soup


    I've never understood the logic of governments selling off profitable enterprises they own or have a controlling interest in, be it airlines or banks or whatever.

    "The private sector will run it more efficiently." Like how efficiently they ran the banks, you mean? Every euro in profit that is made by a state run business is a euro less that has to be found out of taxation.

    If it makes you lots of money, keep it. Why the fug sell?


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    #121
    My name is URL
    Registered Users Posts: 25,068 ✭✭✭✭My name is URL


    Duck Soup wrote: »

    If it makes you lots of money, keep it. Why the fug sell?

    Because it doesn't make them a lot of money. It's been very very close to collapse at least a few times over the last 20 odd years and has had to be bailed out.


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