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 !