Ryannair bids for Aer Lingus.

[JF Mezei]

Ryannair anounces a 748 million euro takeover of Aer Lingus. It already
owns 30% of Aer Lingus. (this has just been announced, so details are
sparce).

Will Ryannair implement its own idea of "low service" on long hauls
operated by Aer Lingues ?
.
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[Roland Perry]

Post by JF Mezei
Ryannair anounces a 748 million euro takeover of Aer Lingus. It already
owns 30% of Aer Lingus. (this has just been announced, so details are
sparce).
Will Ryannair implement its own idea of "low service" on long hauls
operated by Aer Lingues ?

They made a previous bid in October 06, which shunned by Aer Lingus and
ultimately banned by competition regulators. I wonder what they think
has changed now?

[A Guy Called Tyketto]

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Funny that this happens, when RYR already owns nearly 1/3rd of
EIN..

Either way, EIN already turned them down:

http://news.bbc.co.uk/1/hi/business/7757971.stm

If this had turned out, the new airline would have had
reasonably good access to the US and Carribbean via JetBlue. IIRC, EIN
and JBU did form a quasi-codeshare where tickets to eachother's
destinations could be bought on eachother's sites.

BL.
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[Roland Perry]

Post by A Guy Called Tyketto
http://news.bbc.co.uk/1/hi/business/7757971.stm

And now the Irish Government turned them down too, and Ryanair have
admitted defeat:

http://uk.reuters.com/article/businessNews/idUKTRE50L5WO20090122

[JF Mezei]

Post by Roland Perry
And now the Irish Government turned them down too, and Ryanair have

I have to wonder whether Ryannair ever intended to actually buy Aer
Lingus. It really wouldn't be such a great fit within their operating
philosophy.

Perhaps, in setting up this deal, knwoing it would fail, they benefitted
in some other way ? (government concessions etc etc).
.
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[Roland Perry]

Post by JF Mezei

Post by Roland Perry
And now the Irish Government turned them down too, and Ryanair have

I have to wonder whether Ryannair ever intended to actually buy Aer
Lingus.

It doesn't seem very likely.

Post by JF Mezei
It really wouldn't be such a great fit within their operating
philosophy.
Perhaps, in setting up this deal, knwoing it would fail, they benefitted
in some other way ? (government concessions etc etc).

Raising their profile and being a thorn in the side.