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Friday May 16, 2008
Aer Lingus News

Airwise News Story Aer Lingus Staff May Increase Stake To Block Bid

Aer Lingus staff opposed to Ryanair's EUR1.48 billion euro (USD$1.9 billion) bid for it are looking at blocking the deal by increasing employees' 15 percent stake, the Irish Times reported.


Airwise News Story Aer Lingus Job Cuts 'Wild Speculation' - Ryanair

Ryanair described as "wild speculation" a newspaper report that said the carrier planned to cut 1,000 jobs at Irish operator Aer Lingus if its takeover bid succeeds.


Airwise News Story Ryanair Aer Lingus Bid May Serve As Industry Model

Ryanair's USD$1.9 billion bid for Aer Lingus, which would pair a low-cost carrier with a traditional airline, could represent the model for consolidation in the industry, experts say.


Airwise News Story Ireland Outlines Need For Aer Lingus Blocking Stake

Ireland's finance minister said in a newspaper interview published on Monday it was important for the government to keep a blocking minority stake in Aer Lingus to show its commitment to the airline.


Airwise News Story Aer Lingus IPO Priced At Lower End Of Range

Irish state airline Aer Lingus priced its initial public offering at 2.20 euros a share on Wednesday, at the lower end of its range, valuing the group at EUR1.13 billion euros (USD$1.43 billion).


Airwise News Story Aer Lingus IPO Expected To Raise EUR660 Mln

The initial public offering of Irish carrier Aer Lingus is expected to raise about EUR660 million giving the airline a market value of about EUR1.1 billion (USD$1.4 billion), sources familiar with the matter said on Monday.


Airwise News Story Aer Lingus Sets USD$1.3 Bln Float Date

Irish state airline Aer Lingus and the Irish government confirmed plans on Monday to list the airline on the Irish and London stock exchanges at the end of next month.


Airwise News Story Aer Lingus IPO To Go Ahead

Irish state airline Aer Lingus said on Thursday it would not delay its flotation later this year, despite a setback to its long-haul expansion plans and increased turbulence in the industry.


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