kaitak
Posts: 9070
Joined: Wed Aug 18, 1999 5:49 am

Aer Lingus Looking To Look At Asian Option?

Tue Apr 26, 2005 1:37 pm

According to an interview with EI's incoming CEO, current Emirates executive Dermot Mannion has said that Aer Lingus is likely to look at the option of starting an Asian service. He gave no further info, although as you may recall, this has been discussed on this forum in the past.

The bad news is that even if the Irish govt approves a share sale for Aer Lingus, the earliest the airline might be able to engage in an IPO might be 2006. The airline needs the IPO to raise money for its fleet. It will do so in the face of stiff union opposition. There will be good news for EI next week, however, with the relaxation of the Shannon stopover policy. Depending on the pace of this, it should allow Aer Lingus to expand significantly the level of its t/a operations. I'm not sure how soon EI can expand, because it's well nigh impossible to get suitable aircraft, but this in itself provides an excellent opportunity for Boeing or Airbus to make themselves partners in EI's growth plan.

Given yesterday's news and Boeing's success in clearing Airbus widebodies out of one major Airbus operator (and one with all the advantages of commonality arising from an Airbus s/h fleet), one can't rule out Boeing trying very hard for this.
 
irishjohn
Posts: 110
Joined: Fri Nov 05, 2004 2:30 pm

RE: Aer Lingus Looking To Look At Asian Option?

Tue Apr 26, 2005 3:08 pm

Kaitak

Just curious......but why would Aer Lingus, who have already decided to go Airbus, change that decision? Surely they are not large enough to absorb another fleet change? Aer Lingus is not Air Canada and whilst Boeing might be interested in getting a customer back I'm not sure it would have the same financial, political and geographical significance as the Air Canada decision!!!

What has a decision on Shannon got to do with over all transatlantic expansion? Surely this expansion was hindered by not being able to access more US destinations?

Once the Irish Government makes it's decision on Aer Lingus I guess we will see what the unions reactions are - if the unions had had their way Aer Lingus would still be over staffed and bankrupt! Maybe, who knows, just this once Bertie will make a decision based on sound economic/realistic principles and not the usual political 'bums on seats' principle!! There is always hope!!!!

Safe sailing
John
 
brightcedars
Posts: 751
Joined: Wed Nov 10, 2004 6:18 pm

RE: Aer Lingus Looking To Look At Asian Option?

Tue Apr 26, 2005 4:42 pm

Aer Lingus should not even consider flying to Asia (the Far East that is) unless supported by O&D traffic. It's off the most direct route (DUB is not HEL) and it's an easy connection from any European hub.

If you ask me they should focus on Transatlantic services and try to make the most out of it in their LCC endeavor, possibly with Ryanair as additional feeder.
I want the European Union flag on airliners.net!
 
cornish
Posts: 7651
Joined: Fri Feb 18, 2005 8:05 pm

RE: Aer Lingus Looking To Look At Asian Option?

Tue Apr 26, 2005 5:50 pm

Well they say Asian service - not specifically Far East.

If that is the case, then it has been mentioned many times that a DXB service was high on EI's agenda. Easy reach of an A330 so no issues on the aircraft/fleet side of things.
Just when I thought I could see light at the end of the tunnel, it was some B*****d with a torch bringing me more work

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