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This will surely have an effect on future bookings though? Have they a future?Regional airline Aer Arann has entered voluntary examinership after posting losses of some €18.5 million since 2008.
The company employs 320 people.
The petition to enter examinership was made by the company in the High Court this evening following a resolution by its board of directors [...]
The judge [set] September 8th for a full hearing of the company’s application and in the meantime the airline is in interim examinership and under the protection of the court.
In a statement, the airline said it intended to operate normally during the period of examinership and that it would fly all Aer Arann services and all Aer Lingus Regional services operated under its franchise agreement with Aer Lingus.
Agree, scarey times.Bound to happen. All the small players in every industry are going to the wall, they don't have the asset/bank support. We are in a period of evolution, the survival of the fittest. After this period we will be back to an era of monopolies/duopolies in virtually every industry which is the best indicator yet that we are going to hit a massive inflationary cycle once the Market has cleared the minnows and the bloated.
Could Aer Lingus be a more likely partner than Ryanair.
Beat me to it!!Could Aer Lingus be a more likely partner than Ryanair.
I would imagine er Arann's spot at London City would be of more interest to Aer Lingus, especially with BA running a London City to New York (with a stop in Ireland to clear immigration) business class only jet, Could Aer Lingus run a competing service?
Aer Arran don't fly to LCY from Ireland, it's Isle of Man - LCY.Could Aer Lingus be a more likely partner than Ryanair.
I would imagine Aer Arann's spot at London City would be of more interest to Aer Lingus, especially with BA running a London City to New York (with a stop in Ireland to clear immigration) business class only jet, Could Aer Lingus run a competing service?
This was bound to happen. They were on a lot of government subsidized routes. The first time I flew with them I was reminded of Biggles, with the propeller planes and the lack of room. While there were nice, they were just not as slick as Ryan Air
Biggles dot Com - The Biggles Information Site[/QUOT
Well now 'controller', what might your agenda be?
'Propellor planes', otherwise known as turbo props are used because they have performance advantages over jets in small airports. It's a niche carrier therefore it would use smaller aircraft, not a big need for 747s between regional airports. Impressive showing such knowledge of aviation though......
It's an examinership, not receivership, relatively mild and protection from creditors.
It's a good operator despite Ryanair trying a few of it's wrecking tactics by going after Kerry and Cork and should survive, probably by Aer Lingus taking a bigger share, their two markets suit each other for people who need flights that go to major cities and connect to other flights.