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27/01/2015
Aer Lingus To Recommend Sale To IAG
Aer Lingus has indicated that it is to recommend to its shareholders the acceptance of a revised takeover offer from IAG.
The latest offer involves an all cash offer of €2.50 per share and a cash dividend of €0.05 per share.
However, Aer Lingus said the offer was conditional on agreement with Ryanair and the Irish government, the airlines main shareholders.
(MH/CD)
The latest offer involves an all cash offer of €2.50 per share and a cash dividend of €0.05 per share.
However, Aer Lingus said the offer was conditional on agreement with Ryanair and the Irish government, the airlines main shareholders.
(MH/CD)
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19 October 2007
Ryanair Hits Out As Aer Lingus Takes Flight
With Aer Lingus proceeding with its plan to close the Shannon-Heathrow route and open a new Belfast hub instead, its biggest rival (and ironically, its biggest shareholder), Ryanair is now set to provide three additional daily flights to London to ensure Shannon Airport's capacity and traffic does not fall as a result of this Aer Lingus closure.
Ryanair Hits Out As Aer Lingus Takes Flight
With Aer Lingus proceeding with its plan to close the Shannon-Heathrow route and open a new Belfast hub instead, its biggest rival (and ironically, its biggest shareholder), Ryanair is now set to provide three additional daily flights to London to ensure Shannon Airport's capacity and traffic does not fall as a result of this Aer Lingus closure.
12 March 2024
NI Households Left With Less Than £32 Per Week After Essentials
Discretionary income has fallen by over half since 2021 for Northern Ireland's lowest earning households, leaving them with only £31.31 per week on average, according to the Consumer Council.
NI Households Left With Less Than £32 Per Week After Essentials
Discretionary income has fallen by over half since 2021 for Northern Ireland's lowest earning households, leaving them with only £31.31 per week on average, according to the Consumer Council.
12 March 2024
Communities Minister Must Prioritise Anti-Poverty Measures
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Communities Minister Must Prioritise Anti-Poverty Measures
The Alliance Party has criticised Communities Minister, Gordon Lyons, for "not prioritising anti-poverty measures". MLA Kellie Armstrong said the Minister's inaction was "disappointing" in light of a new report showing that one in five children in NI are living in relative poverty.
02 December 2008
Government Looks Seriously At Aer Lingus Offer
The Irish Finance Minister Brian Lenihan (pictured) is said to be having a "serious look" at a fresh multi-million euro offer for Aer Lingus from its rival Ryanair - even though the airline itself has publicly ruled the bid out. Ryanair boss, Michael O'Leary has been actively trying to take over Aer Lingus for sometime, offering €1.
Government Looks Seriously At Aer Lingus Offer
The Irish Finance Minister Brian Lenihan (pictured) is said to be having a "serious look" at a fresh multi-million euro offer for Aer Lingus from its rival Ryanair - even though the airline itself has publicly ruled the bid out. Ryanair boss, Michael O'Leary has been actively trying to take over Aer Lingus for sometime, offering €1.
02 June 2009
Ryanair Flies Low
The budget airline Ryanair has revealed financial returns showing a major nosedive in operating profits. Ryanair plunged into the red by €169.2 million (£145.9m) in the year to March after being hit with a 59% hike in its fuel bill.
Ryanair Flies Low
The budget airline Ryanair has revealed financial returns showing a major nosedive in operating profits. Ryanair plunged into the red by €169.2 million (£145.9m) in the year to March after being hit with a 59% hike in its fuel bill.
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