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News Source: Independent
| about 1 year ago
After stalking its prey for more than two years Aer Lingus is finally in Ryanair boss Michael O'Leary's grasp. The takeover of the former national airline would represent a stunning turnaround in Irish aviation and confirm O'Leary's status as one of...
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News Source: The Scotsman
| about 1 year ago
But cheeky and aggressive is a good way to describe Ryanair's chief executive Michael O'Leary. This week O'Leary made a 750 million (£652m) bid for national carrier Aer Lingus. The approach was half the value of the bid he made in 2006, a deal...
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News Source: The Irish Times
| about 1 year ago
Aer Lingus employees' shareholdings and is a separate entity to the unions, is expected to meet on Monday to discuss Ryanair's bid, a source familiar with the matter told Reuters. The Government has said it would wait until Ryanair tables a formal...
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News Source: MarketWatch
| about 1 year ago
Irish rival at 1.40 euro a share, a 20% premium to the Friday closing price...Societe Generale analyst Johnathan Wober noted that given Aer Lingus' 767 million euros in cash at the end of September, its shareholders may push for a higher price. Aer...
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News Source: Independent
| about 1 year ago
Michael O'Leary last night moved to assuage concerns about his company's attempted takeover of Aer Lingus by proposing a new raft of guarantees, including handing control of all Heathrow slots over to the Government. The proposals revealed yesterday...
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News Source: The Scotsman
| about 1 year ago
EasyJet said it carried almost three million passengers in November, an annual increase of 3.4 per cent. The airline's planes were also fuller during the month after its load factor rose to 83.9 per cent from 80.8 per cent, an improvement likely to...
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News Source: Times Online
| about 1 year ago
Michael O’Leary, the famously anti-trade union chief executive of Ryanair, has said that he will recognise Aer Lingus’s unions if he is allowed to buy the Irish flag carrier. The promise is one of several that Ryanair, Europe’s largest airline...
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News Source: Guardian Unlimited
| about 1 year ago
Ryanair offered the Irish government a €200m (£173.4m) sweetener in its takeover bid for Aer Lingus today as it sensed a weakening of political opposition to the proposed deal. Europe's largest domestic airline said it would set up a €200m fund...
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News Source: Star Tribune
| about 1 year ago
Ryanair dramatically strengthened its sales pitch Thursday for rival Aer Lingus, offering key assurances to the airline's two other major shareholders in hopes of persuading them to sell their stakes. Ryanair renewed its 2-year-old bid to take over...
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News Source: Uinta County News
| about 1 year ago
Ryanair will recognise trade unions at Aer Lingus if its takeover bid is successful, the company said this afternoon. Earlier this week, the budget airline launched a second bid to buy Aer Lingus, with a cash offer of almost 750 million.