Ryanair and Aer Lingus to square up in London court

Discussion in 'Other Airlines | Europe' started by uggboy, Nov 17, 2014.  |  Print Topic

  1. uggboy
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    uggboy Gold Member

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    Ryanair and Aer Lingus to square up in London court

     
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  2. lapointdm

    lapointdm Silver Member

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    I'd rather Ryanair not have its greedy paws on Aer lingus. They would just muck it up!
     
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  3. redtailshark

    redtailshark Silver Member

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  4. uggboy
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  5. redtailshark

    redtailshark Silver Member

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    I wondered why Beardy's pic was on top of this story.... sooo, the VS rep declines to make the content of VS' challenge letter offering details of the objection claiming that "
    "the letter was intended to be private and declined to comment further on it."

    This is not acceptable when it concerns a matter of public trust and concerns market regulation in the face of vested commercial interests. The content of any and all such correspondence needs to be made public, either voluntarily or via FOI. Citizens must know what their government is responding to in its official capacity.

    Meanwhile EI rewards its former plutocrat, not only with "10 years worth of free travel with Aer Lingus" - not useful to him in KL I agree, but the principle is important - but much more:

    http://www.independent.ie/business/...ecial-share-gift-to-ceo-mueller-31102219.html

    Who knows why - the board decides that this fellow shall receive such extra-ordinary remuneration in spite of the circumstances of departure... perhaps it is a reward for helping fend off previous MOL takeover attempts. They fear that outcome more than all others.

    These shenanigans do not reflect with credit on EI management or their tame civil servants who rabidly oppose MOL. Their conduct and philosophy is why many people want MOL to take over EI. Maybe he ought to take over the Irish Civil Service operation as well. With MOL we know exactly what we get...and we can all rest easy knowing that he does not seek to curry favors with administrators and civil servants...in spite of the success of his enterprise - one of Ireland's greatest business success stories of all time - they loathe him with unrivalled passion and play with their own rules to deny his legitimate attempts to conduct such business.

    FR are factually correct: if the stated government objection to MOL's stake in EI is that it creates a disincentive for market bidders to act, why the f%%% are IAG now making this offer??!! IAG are salvating: "IAG has asked the CMA that it instead give Ryanair permission to sell the entire Aer Lingus holding to IAG."

    The factual evidence contradicts the statements. They tie themselves in knots and show their rampant favoritism and hypocrisy with their double standard regarding market regulation of the same entity, EI, in the cases of the IAG and FR interests.
     
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