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Ryanair to start Transatlantic Flights in 3-4 Years

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Comments

  • #102
    Captain Boycott
    Closed Accounts Posts: 22 ✭Captain Boycott


    faceman wrote:
    how u figure that?
    Because Aer Lingus Staff hold about 15% of the company and might have sold their share if wooed. O'Leary promised them all the sack. How to win friends and influence people? NOT!
    He just can't help himself.
    yeah, ryanair have suffered since he was appointed CEO :rolleyes:
    O'Leary is the CEO of Ryanair, but he doesn't run it singlehanded. He has had some fantastic back room staff who've saved his neck on numerous occasions, and were responsible for the ground breaking ideas which made Ryanair what it is today. O'Leary was quick to take the glory of course...and push out those who were a threat by showing greater initiative.

    He's just a bully and a bombast with a big mouth, and very much less ability than the media and the foolish have creditied him with.


  • #103
    faceman
    Moderators, Category Moderators, Arts Moderators, Entertainment Moderators, Social & Fun Moderators Posts: 16,654 CMod ✭✭✭✭faceman


    Captain Boycott wrote:
    Because Aer Lingus Staff hold about 15% of the company and might have sold their share if wooed. O'Leary promised them all the sack. How to win friends and influence people? NOT!
    He just can't help himself.

    no i was referring to the EU ruling. No matter what he promised he wouldnt have won.

    investors saw €€€ in their eyes when o'leary announced this and job cuts reducing the cost base improving profitability is music to their ears!


  • #104
    Captain Boycott
    Closed Accounts Posts: 22 ✭Captain Boycott


    Well hey! He's pissed off the Euro politicians as well by his comments - didn't he tell the Aviation Regulator (!) to 'F@*k off' when they demanded he refund subsidies given him!
    no i was referring to the EU ruling. No matter what he promised he wouldnt have won.

    The EU decision is still under consideration! The finding on competition is due out in July. If he is given the go ahead he can bid again. But the Aer Lingus staff would sell to the devil before they'll sell to him.

    Now if it was Richard Branson...different story. Which just makes the point - it is O'Leary who screws himself up with his motor mouth.


  • #105
    Victor
    Registered Users, Registered Users 2 Posts: 78,523 ✭✭✭✭Victor


    Captain Boycott wrote:
    There are mutterings on certain websites about whats going to happen to the value of his Aer Lingus share holding
    I understand a lot of it is options not outright purchases.


  • #106
    antoinolachtnai
    Registered Users, Registered Users 2 Posts: 9,815 ✭✭✭antoinolachtnai


    Michael O'Leary is the only one who is telling the truth about Aer Lingus. If that makes him a motor mouth, that's pretty sad.

    There are going to be big cutbacks in Aer Lingus. The only question is who is going to make them - Dermot Mannion, who said there wouldn't be cutbacks in Aer Lingus, or Michael O'Leary, who said there would, or some other third party, who won't even comment on what they plan to do.

    Richard Branson taking over Aer Lingus? What sort of sense would that make?


  • #107
    Captain Boycott
    Closed Accounts Posts: 22 ✭Captain Boycott


    antoinolachtnai wrote:
    Michael O'Leary is the only one who is telling the truth about Aer Lingus. If that makes him a motor mouth, that's pretty sad.
    Oh, he's sad alright.
    There are going to be big cutbacks in Aer Lingus. The only question is who is going to make them - Dermot Mannion, who said there wouldn't be cutbacks in Aer Lingus, or Michael O'Leary, who said there would, or some other third party, who won't even comment on what they plan to do.
    Speculation = nonsense.
    Richard Branson taking over Aer Lingus? What sort of sense would that make?
    For starters it would give him an extra 30 slots out of LHR.
    One might equally ask what sense it made for FR to try taking over ALT. I guess you didn't spot that coming either...
    I understand a lot of it is options not outright purchases.
    Explain that. I'm listening.


  • #108
    antoinolachtnai
    Registered Users, Registered Users 2 Posts: 9,815 ✭✭✭antoinolachtnai


    Richard Branson isn't in the habit of buying businesses, especially unionized businesses. He couldn't use the slots to compete on his US route (government and EC would never allow it).

    Who is speculating? This is reality. No cuts, no loans. No loans, no planes. No planes, no expansion.

    Buying Aer Lingus gives O'Leary transatlantic reach. (Richard Branson already has that.) It also gives him access to more airports.

    I didn't say the thing about options, but an option is the right to buy a share for a certain price. Saves you having to actually put up the cash and buy the share. You don't hold the share, so your only risk is the cost of the option.


  • #109
    Captain Boycott
    Closed Accounts Posts: 22 ✭Captain Boycott


    antoinolachtnai wrote:
    Richard Branson isn't in the habit of buying businesses, especially unionized businesses.
    Hah! They said that about O'Leary!!
    He couldn't use the slots to compete on his US route (government and EC would never allow it).
    More speculation.:rolleyes:
    Who is speculating? This is reality. No cuts, no loans. No loans, no planes. No planes, no expansion.
    ALT have over 1 billion in cash sitting in the bank, which is why O'Leary is so keen. There is no shortage of cash. You are talking nonsense.
    Buying Aer Lingus gives O'Leary transatlantic reach. (Richard Branson already has that.) It also gives him access to more airports.
    O'Leary has feck all interest in Aer Lingus' long haul operations. He wants the cash, and more importantly, he wants to distract the company from effectively competing with him at this crucial point, when it is in expansion mode.
    Didn't you read the comments of his own Deputy CEO (Michael Cawley) who stated the Long Haul plans were a 'publicity stunt' by O'Leary.
    I didn't say the thing about options, but an option is the right to buy a share for a certain price. Saves you having to actually put up the cash and buy the share. You don't hold the share, so your only risk is the cost of the option.
    Yes, I know what an option is.:rolleyes:
    Show us the evidence to back up the assertion.
    You can't, because its bull. It would be illegal under Takeover Panel Rules.


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