Ei2ksea From Ireland, joined Jul 2004, 576 posts, RR: 0 Posted (9 years 6 months 5 days 19 hours ago) and read 3160 times:
Read this today on www.rte.ie the Irish National Broadcasters website.
"Ryanair denies EasyJet takeover plans"
October 22, 2004 13:01
Ryanair Holdings said today that it had no plans to make a takeover bid for no-frills rival EasyJet.
'Hell will freeze over first. I don't know where this is coming from,' a Ryanair spokeswoman said in response to media reports citing market speculation it was considering a bid.
EasyJet shares continued to rise today, gaining over 3% in a firmer London market. The stock has gained around 12% in the past week, rising off record lows reached on concern about high fuel costs and low ticket prices.
Ryanair and EasyJet, two of Europe's most successful low-cost carriers, are fierce rivals.
Ryanair has been slashing fares to fill seats and has repeatedly warned of a 'bloodbath' in the European low-cost market this winter as intensifying competition puts the crunch on ticket prices.
Ryanair declined to comment on whether it was seeking any major acquisitions. It reports first-half results on November 2.
Ryanair shares were up seven cent to €3.81 in Dublin this lunchtime.
GKirk From UK - Scotland, joined Jun 2000, 24824 posts, RR: 56
Reply 4, posted (9 years 6 months 5 days 18 hours ago) and read 2934 times:
"Ryanair taking over easyJet would be the ultimate nightmare...we've already enough crappy Ryanair everywhere... "
Could be worse. It could still only be the likes of BA,LH,AF etc offering flights only from their main hubs and at extremly expensive prices. The likes of easyJet and Ryanair have brought regular flying to the regular people
When you hear the noise of the Tartan Army Boys, we'll be coming down the road!
JGPH1A From , joined Dec 1969, posts, RR:
Reply 6, posted (9 years 6 months 5 days 18 hours ago) and read 2902 times:
Re: "regular flying to the regular people"
Hehe - Kirkie, I picture you in glasses and a cardigan a la League of Gentlemen, saying that.
As said above, the EU competition commissioner would have words to say if any merger between U2 and FR was attempted - talk about a gigantic monopoly of the UK LCC market. I for one hope not, U2 and FR serve slightly different market segments, it seems to me, and I would prefer for U2 to keep running it's own ship.
Udo From , joined Dec 1969, posts, RR:
Reply 8, posted (9 years 6 months 5 days 17 hours ago) and read 2690 times:
I'm not complaining about LCCs in general. However, Ryanair is worst in customer service among all LCCs I have tried so far. Cheap tickets alone is not enough...if Ryanair was just a little bit like Southwest, I would love to see them expanding all over...
Asgeirs From Iceland, joined May 2001, 516 posts, RR: 1
Reply 11, posted (9 years 6 months 21 hours ago) and read 2257 times:
I wonder if Icelandair is buying a stake in EasyJet in order to initiate a low-cost competition with Iceland Express on routes such as KEF-STN and KEF-CPH. Icelandair have themselves been prohibited from offering lower fares than Iceland Express on those routes because of their status as a market leader. Icelandic authorities could however not prevent EasyJet from offering lower fares than Iceland Express.
Reykjavik Aviation Photography - Just bring the aircraft to us and we'll photograph them! :-)
Mrniji From , joined Dec 1969, posts, RR:
Reply 12, posted (9 years 6 months 20 hours ago) and read 2218 times:
The funny thing is that a couple of days ago - in a thread about a possible merger of VS and BD - I posted the possibility of a merger of the two (message was deleted, coz off-topic ).. Interesting that this possibility is considered
Otherwise, I second Udo.. the lesser FR, the better (Pe@rson, where are thou?? )