tag:blogger.com,1999:blog-1986454616469340392.post8573486020385745432..comments2023-09-15T13:11:11.863+01:00Comments on The Crimson Observer: Losses continue, cash is burning, – will Aer Lingus even have a pot to piss in?Myles Duffyhttp://www.blogger.com/profile/14393652603287289541noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-1986454616469340392.post-89040639897954111352009-06-07T13:41:37.456+01:002009-06-07T13:41:37.456+01:00I see a fairly conservative businessman behind the...I see a fairly conservative businessman behind the O'Leary bluster. Ryanair has never declared a dividend and has cash resources in the region of €2 billion. It is difficult to see what the longer term relationship between Ryanair and Aer Lingus might be in the light of the EU opposition to a potential monopoly emerging in the Irish aviation industry. But Aer Lingus is on a sticky wicket, especially with respect to its long haul business where the load factor has been between 60-65% since January. 'Events' might be the catalyst that determines the future!Myles Duffyhttps://www.blogger.com/profile/14393652603287289541noreply@blogger.comtag:blogger.com,1999:blog-1986454616469340392.post-56458418971370948582009-06-06T14:09:44.829+01:002009-06-06T14:09:44.829+01:00The share price of Aer Lingus belies the acumen of...The share price of Aer Lingus belies the acumen of O'Leary, does it not? <br /><br />Or was he merely making a case with a view to the long term? Knowing that it was politically impossiple for the bids to go ahead and writing off the costs to publicity? <br /><br />He appears to be very astute!Pat Donnellynoreply@blogger.com