IAG bids for Aer Lingus

Tenger · 21-10-2015 03:44PM

basill wrote: »

Newark is what we are hearing. MIA seems to be a red herring circulating for a while that has just grown legs.

basill and Jamie2k9 were on the money with EWR. Didnt see it myself. However if the UA codeshare remains in place it is definitely going to be a strong performer. Shame it can't be in place for the Summer schedule.

With EI planning to operate into T7 at LAX then it is definitely staying in place.

Khuitlio · 21-10-2015 04:17PM

Anyone know why they are planning on operating into T7 instead of T4 (AA terminal). Would it not make more sense to be in the same terminal as their soon to be oneworld and JV partner? Also if I'm not mistaken does AA not offer the most destinations ex LAX?

Marcusm · 21-10-2015 05:40PM

Tenger wrote: »

basill and Jamie2k9 were on the money with EWR. Didnt see it myself. However if the UA codeshare remains in place it is definitely going to be a strong performer. Shame it can't be in place for the Summer schedule.

With EI planning to operate into T7 at LAX then it is definitely staying in place.

I have to say I was one of the sceptics and now I'm flabbergasted. I assume these routes will not be part of the BA-AA-AY-EI joint business arrangement to share revenues given that they see to tie into what I would have assumed was dying UA codeshare arrangement.

Jamie2k9 · 21-10-2015 07:53PM

Marcusm wrote: »

I have to say I was one of the sceptics and now I'm flabbergasted. I assume these routes will not be part of the BA-AA-AY-EI joint business arrangement to share revenues given that they see to tie into what I would have assumed was dying UA codeshare arrangement.

As I read elsewhere and think it's a sort of valid point EI/AA only cross paths in LAX/JFK/ORD however if you drop JetBlue you will lost JFK to AA but leave BOS with no need and if you drop UA you will lose ORD/LAX to AA but leave IAD and SFO with no feed.

Dropping United/JetBlue would expose EI to major risks and route viability in some cases.

Gain 3 hubs with AA and lose 3 (4 if you include EWR) by changing partners.

goingnowhere · 21-10-2015 07:59PM

BA already have a tie up with Jetblue so I imagine it is staying. JetBlue is quite nice for a short hop connection which is ideal for BOS/JFK anyone going further West would connect at ORD or SFO

EI need to work with AA at MCO, as they do not have any partner in MCO

I imagine IAG need approval for the joint venture business to include EI, any tie up with AA now could be seen as being defacto member of the joint venture before approval

Jamie2k9 · 21-10-2015 08:01PM

goingnowhere wrote: »

BA already have a tie up with Jetblue so I imagine it is staying. JetBlue is quite nice for a short hop connection which is ideal for BOS/JFK anyone going further West would connect at ORD or SFO

EI need to work with AA at MCO, as they do not have any partner in MCO

I imagine IAG need approval for the joint venture business to include EI, any tie up with AA now could be seen as being defacto member of the joint venture before approval

Yes but if you dump JetBlue at JFK for AA who says they will stay and feed them at BOS....

AA have no hub at MCO.

Tenger · 21-10-2015 09:14PM

Jamie2k9 wrote: »

Yes but if you dump JetBlue at JFK for AA who says they will stay and feed them at BOS....

Dont AA themselves interline with JetBlue?
The JetBlue partnership is a handling and interline deal, not a codeshare. EI could switch codeshare on JFK and still operate into T5 and interline with JetBlue.

And I guess IAG will be happy as long as EI do well, nothing to say that EI have to go and hold hands with AA just becuase BA and IB are their partners.

Perhaps IAG will hold off on EI joining that J/V for a few years......or more likely the United codeshare has a contractual deal in place?

goingnowhere · 21-10-2015 10:06PM

Nothing stopping them from having both AA and B6 at JFK

The Jetblue terminal is very nice

WheatenBriar · 21-10-2015 11:10PM

Yes AA and jetblue codeshare extensively with each other,Bos RSW for example

BuffyBot · 21-10-2015 11:57PM

Tenger wrote: »

Dont AA themselves interline with JetBlue?
The JetBlue partnership is a handling and interline deal, not a codeshare. EI could switch codeshare on JFK and still operate into T5 and interline with JetBlue.

AA certainly have/had an agreement out of JFK and BOS in the past.

And I guess IAG will be happy as long as EI do well, nothing to say that EI have to go and hold hands with AA just becuase BA and IB are their partners.

Perhaps IAG will hold off on EI joining that J/V for a few years......or more likely the United codeshare has a contractual deal in place?

I'd imagine oneword membership will necessitate pairing up with AA in the long term. The whole LAX T7 thing may simply be what's given: if I recall correctly Los Angeles World Airports own all the terminals, so they would decide who goes where. With all the ongoing revamp at LAX it may be a case that the flight timings mean putting EI there suits traffic/usage patterns a and their current plans. Time will tell.

Jamie2k9 · 22-10-2015 12:04AM

Tenger wrote: »

Dont AA themselves interline with JetBlue?
The JetBlue partnership is a handling and interline deal, not a codeshare. EI could switch codeshare on JFK and still operate into T5 and interline with JetBlue.

And I guess IAG will be happy as long as EI do well, nothing to say that EI have to go and hold hands with AA just becuase BA and IB are their partners.

Perhaps IAG will hold off on EI joining that J/V for a few years......or more likely the United codeshare has a contractual deal in place?

Not anymore they ended the code share in 2014. There was some speculation that had US Airways not been taken over by them relations between Jet Blue and them could of become closer.

The merger played a role in ending the agreement.

I should add T7 at LAX is as always "subject to change"

highlydebased · 22-10-2015 01:19AM

Just stumbled upon this. The state is now €335,272,562.50 better off as a result of the sale. The funds are being put into the Irish Strategic Investment Fund and will be used as below:

"ISIF will continue to develop and refine the definition and range of investments suited to investment by the connectivity fund. A working definition for the initial stage of deployment is that connectivity assets are those that "enhance, develop or sustain the physical and virtual connectivity of Ireland as an island nation". The connectivity fund will operate on a commercial basis, providing support for commercial investment projects with a connectivity theme, such as the development of ports or airports, including access to these transport assets. It will also be open to provide support for projects that involve a wider definition of connectivity, including, for example, data connectivity such as broadband, fibre optic cables and interconnectors, and energy connectivity such as energy inter-connectors and other energy related projects. These wider connectivity requirements are becoming increasingly important elements of our core infrastructure and will be extremely important to a more balanced regional development.

https://www.kildarestreet.com/debate/?id=2015-10-20a.383

JCX BXC · 22-10-2015 01:21AM

What are the chances a nice slice of that will be used for "Consultant Fees"?

AndyBoBandy · 22-10-2015 08:13AM

so it looks like a deal with Ryanair is on the cards after all.

Aer Lingus - Ryanair

L1011 · 22-10-2015 08:19AM

Carnacalla wrote: »

What are the chances a nice slice of that will be used for "Consultant Fees"?

Every large entity used consultants - the other option is permanently employing staff you only need temporarily.

Consultant = a term for temporary staff basically. Although claiming to be a consultant when doing Christmas work in Argos might not work!

Tenger · 30-10-2015 01:10PM

IAG posted their Q3 results today. It seems that EI had an operating profit of E45M since their purchase:
http://www.rte.ie/news/business/2015/1030/738415-iag-q3-results/

Aer Lingus made an operating profit of €45m between 18 August and 30 September, according to results filed today.....................
IAG’s cash reserves at the end of September stood at €6.78bn, including €958m from the Aer Lingus acquisition.
Commenting on the latest results IAG CEO Willie Walsh said: “We’re reporting strong quarter results with a positive contribution from all of our airlines. Aer Lingus made an operating profit of €45m since it joined IAG on August 18. While the airline’s profitability is seasonal, Aer Lingus is cost-effective and provides a natural gateway to build our business between Europe and North America. It’s a great asset for the Group,” he added.

Rumours elsewhere online that Finnair may be the next target for IAG acquisition. (They have a very efficient hub in Helsinki which acts as a convenient stopover from US/Europe to to Aisa)

Van.Bosch · 30-10-2015 07:05PM

Tenger wrote: »

IAG posted their Q3 results today. It seems that EI had an operating profit of E45M since their purchase:
http://www.rte.ie/news/business/2015/1030/738415-iag-q3-results/

Aer Lingus made an operating profit of €45m between 18 August and 30 September, according to results filed today.....................
IAG’s cash reserves at the end of September stood at €6.78bn, including €958m from the Aer Lingus acquisition.
Commenting on the latest results IAG CEO Willie Walsh said: “We’re reporting strong quarter results with a positive contribution from all of our airlines. Aer Lingus made an operating profit of €45m since it joined IAG on August 18. While the airline’s profitability is seasonal, Aer Lingus is cost-effective and provides a natural gateway to build our business between Europe and North America. It’s a great asset for the Group,” he added.

Rumours elsewhere online that Finnair may be the next target for IAG acquisition. (They have a very efficient hub in Helsinki which acts as a convenient stopover from US/Europe to to Aisa)

Finnair would be a no brainier for me, good coverage from Helsinki to Asia which the other carriers don't have. Another avenue to push traffic through without impacting existing carriers.

BuffyBot · 30-10-2015 10:11PM

Walsh ruled out any imminent acquisitions for the group, despite rumours it has been considering a bid for Finnair as part of its strategy of consolidation. He said the Finnish state-owned airline had “challenges”, adding: “We are not active on any front, we know Finnair very well as part of our transatlantic joint business … We’re not in any discussions.”

From The Guardian today..

Van.Bosch · 30-10-2015 10:16PM

BuffyBot wrote: »

From The Guardian today..

Sure he said the same about EI about a year before the offer.

Tenger · 31-10-2015 12:04AM

Although in fairness it apparently is a case of Finnair looking for a suitor than IAG chasing them. (my source being another online forum....so obviously 100% true!!!)

BuffyBot · 31-10-2015 01:46AM

Different kettles of fish. EI (once the pension obligations issue was sorted) was ripe for the picking, being a relatively tightly run operation.

Finnair is still in a bit of a state, overall. Not sure IAG has the stomach to digest something that could cause them indigestion down the line when they've finally got their ducks in a row (mostly).

aviator7 · 07-11-2015 06:00PM

I see Aer lingus are taking applications for both permanent and seasonal cabin crew at the moment. I'm sure there are some interested people on this forum.

Apologies if this should be a separate thread.

Jhcx · 07-11-2015 06:33PM

they're after making a load of cabin crew permanent

Tenger · 07-11-2015 08:44PM

aviator7 wrote: »

I see Aer lingus are taking applications for both permanent and seasonal cabin crew at the moment........
Apologies if this should be a separate thread.

Its within the area of debate....IAG did say the takeover and any expansion would result in more cabin crew, engineers and flight deck positions.

joeysoap · 07-11-2015 09:44PM

Two new Airbus A330 confirmed delivery 2017

Tenger · 07-11-2015 10:49PM

joeysoap wrote: »

Two new Airbus A330 confirmed delivery 2017

Are you referring to MSN 1742 and 1744 which are due in Q3 2016?
These were mentioned in the IAG capital presentation yesterday, also mentioned were the 2 new A332 for Iberia in 2017.

joeysoap · 08-11-2015 01:02AM

Tenger wrote: »

Are you referring to MSN 1742 and 1744 which are due in Q3 2016?
These were mentioned in the IAG capital presentation yesterday, also mentioned were the 2 new A332 for Iberia in 2017.

Yep, my mIstake, got dates mixed up with Iberia order.

Jamie2k9 · 13-11-2015 02:54AM

Aer Lingus call time on BHD-LGW service from end of current winter season.

Locker10a · 13-11-2015 03:56PM

Jamie2k9 wrote: »

Aer Lingus call time on BHD-LGW service from end of current winter season.

Pity to hear that ! I wonder what they will do with the slots and aircraft now?

billie1b · 13-11-2015 04:16PM

Locker10a wrote: »

Pity to hear that ! I wonder what they will do with the slots and aircraft now?

Not EI related but rumour has it that supposedly FR are taking the BHD - LGW slots on a W rotation

IAG bids for Aer Lingus

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