Last week’s surprise offer from Ryanair for all the shares in Aer Lingus generated many column inches in newspapers and much national discourse. The €694m valuation of Aer Lingus derived from the €1.30 a share offer, would have valued the State’s 25% stake at about €175m. And because the State’s stake in Aer Lingus is slated for disposal anyway, there has been much talk about the price. Last week, Minister for Public Expenditure and Reform, Brendan Howlin, when asked about the value of the State’s stake, referred reporters at a press conference to a reply given by his colleague Minister Noonan the previous week, when he said you don’t show your negotiating hand in advance, and have you never sold a calf at the Fair of Glen. Alongside our stake in Aer Lingus, you can also expect much discussion over the coming months with the disposal of stakes in Bord Gais Energy and parts of the ESB. All told, the plan is to raise €2-3bn in the disposal of stakes in State companies.
Posts tagged ‘Ryanair’
(Read more online French News here)
Known for its brash marketing approach – it refers to its aircraft as flying buses and once suggested offering standing-room-only tickets — the aggressive Irish-based, low-cost airline was clearly flushed with delight at reports that an apparently inebriated and overloaded Depardieu had flooded the galley floor of a City Jet Paris-Dublin flight.
The incident occurred because, in line with flight safety regulations, staff on the AF 5010 which was carrying 127 passengers, declined to let him use the toilets in the minutes before takeoff. Bursting to go, Depardieu was said by one account, to have headed into the galley with a plastic bottle, where he proceeded to miss his target.
The Air France low-cost subsidiary made light of the matter in this tweet even though the incident meant the plane which aborted takeoff and returned to the terminal was delayed two hours for a mop-up.
Ronan Lyons has posted a new item, ‘Should we let Michael O’Leary run our income
This post examines Michael O’Leary’s suggestions in relation to Ireland’s
income tax system, in particular making it simpler and ensuring everyone
contributes but not too much! It uses recently published Revenue Commissioners
figures for income in 2008 to estimate who would like the proposal and who would
hate it, Government included. It concludes with a few tweaks to the proposal,
including in relation to income earned through social welfare.
full article at source:http://www.ronanlyons.com/2011/08/23/should-we-let-michael-oleary-run-our-income-tax-system/
The current government’s policy of taxing workers and business up to the gills is only going to bring about less revenue I can see this already happening .I called a plumber two days ago to give me a quote on some pipe work I was thinking of getting done he quoted me two prices one cash price and one with a receipt needleless to say the cash price quote was a good 28 % cheaper now extrapolate that throughout the country. Taxing people so much doesn’t make sense ask Michael O Leary everybody knows he wants as much profit for Ryan air as possible but does he increases the prices he charges for flights no, he continues cutting his prices. That is why his company is one of the largest airlines in the world.
Who are they? (Mary)
Why them there are former SR Technicians in the dole queue
Mary, I can give 300 of them a job, I just need Hanger 6
So how about it?
Get lost you weirdo, I’m a Minster and you don’t tell me what to do!
Well up yours then, I’m off to Scotland!
Well done Mary ,we have to show we’re in charge !
Scaremongering but who’s doing it?
Finance Minister Brian Lenihan also warned yesterday that if Irish voters snubbed the treaty the result would “shatter international confidence” and lead to continued scarcity of funding and increased borrowing costs.(Looking for a yes vote)
A ‘No’ vote in next month’s lisbon Treaty referendum could result in the interest bill on Ireland’s national debt jumping by up to €900m a year according to Indecon
(Looking for a Yes vote )
A NO vote in the upcoming Lisbon Treaty referendum would represent a “spiritual withdrawal”, from Europe, Minister for Finance Brian Lenihan has warned. (Looking for a Yes vote)
A Yes vote in the referendum would earn Ireland the continued goodwill and support of the EU in tackling the banking crisis, he added.
Mr Gormley “It would be entirely counterproductive to vote “The whole emphasis in terms of the European recovery is a green recovery [which can provide] jobs, jobs, jobs.” Echoing the sentiments of other pro-Lisbon political leaders, “It would be a huge mistake to focus on national issues when this is a campaign to get us out of recession,” he said. (Looking for a yes vote)
How to win a referendum:
1. On top of high VRT, introduce a Green (Party) carbon tax, and just to be on the safe side, impose a €200 a year work parking tax, just for daring to have a job!
2. Make the citizens vote a second time, even though they said No – but make sure you don’t change the wording.
3. Have on the Yes side a millionaire car salesman, like Bill Cullen, who opposed changes to the infamous VRT, and is the biggest over priced merchant for the Renault spear parts in the country(Nice one Bill!)
4 . Have Ryanair on the Government side, who are best known for their F-Service , saying there are a millions reasons to vote Yes (excluding taxes and charges), and (Baggage charges Now approaching 100 euro per bag) then have the same Government introduce a €10 travel tax, contrary to EU law of freedom of movement between member-states.
5 . In case the European Central Bank doesn’t hype up mortgage rates any time soon, re-introduce water rates and a property tax on every family home in Ireland, while at the same time making taxpayers bail out the bankers and the builders.
6 . Make sure Brian Cowen leads the Yes campaign.
7 . Have crooks running FAS
8 . Have people like John O’Donoghue become Ceann Comhairle in the Dail
9 . Create Toxic Banks to help your buddies in the Banks and the Building
10 . Keep corrupt Politicians in places of power
11 .TAX the Sh*** out of the ordinary people
12 Tell them you are going to crucify them in the coming December Budget
13. Make a complete mess of the Economy, and blame it on the ordinary people
For having paid extortion prices for their own homes
14. Put a Tax on those homes, let say 1000 Euro on average for every home in
15 .when you hold a referendum keep going back to the people until you get the right result (the one you want)
Keep corrupt Bankers in their High paying Jobs at Bankrupt Banks
17. Allow these same Banks (Now with Government appointed Directors) to
Overcharge their own customers, and then, clam that it was a computer error when found out.
18. Allow dodgy Building Developers stroll into the courts of the land and present fantasy valuations as a means to dance around The Supreme Court rulings
When 80 families are turned out, and lose their overpriced homes every week, sold to them by these developers in the first place
19 . Make it blatantly obvious, that there is one law for the rich, and another law for the poor in this country
20. Tell everyone that NAMA is the only game in town and we the people must pay the gambling debts of the super rich of the country.
That should do it!