Company Watch - Aer Lingus.Oct 30, 2006 Aer Lingus Aer Lingus is Ireland's national airline. Based in Dublin, it operates 41 Airbus aircraft serving Europe, Africa, North America and the Middle East. The airline is 28% owned by the Irish government; it was floated on the Dublin and London Stock Exchanges on 2 October 2006, Pilots Buy Airline Stake. A group of Aer Lingus pilots has bought nearly 2 percent of the airline at 10 cents per share Cents per share The amount of a mutual fund's dividend or capital gains distributions that a shareholder will receive for each share owned. more than the price being offered by budget airline Ryanair, a stock exchange submission showed on Tuesday. Oct 24, 2006 Aer Lingus Employee Trust To Buy More Shares. The Aer Lingus Employee Share Ownership Trust (ESOT ESOT Employee Share Ownership Trust (UK) ESOT European Society for Organ Transplantation ), which holds just under 10 percent of the airline, plans to exercise its right to buy a further 2.8 percent stake, broadcaster RTE (1) See runtime engine. (2) (Real-Time Executive) The operating system used in the HP 1000 series. See HP 1000. reported on Monday. Oct 23, 2006 Ryanair yesterday again encouraged Aer Lingus employees to accept its [euro]2.80 per share offer for the flag carrier as press reports surfaced that EI CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Dermot Mannion told union representatives, "We have no option but to further reduce costs. Do you want us to do it or Michael O'Leary to do it?" Ryanair already has promised job cuts if its bid is successful, but it said that bid is worth an average payment of [euro]60,000 per employee. The Aer Lingus Employee Share Ownership Trust owns 12.58% of the airline. Oct 27, 2006 Editor: Aram Gesar, eMail: edit@AirGuideOnline.com For more global news, reviews, features and analysis, please go to: http://www.airguideonline.com/onlinenews.htm To Subscribe to our Newsletters: http://www.airguideonline.com/order_formsubs.htm#news To Advertise: advert@AirGuideOnline.com Oct 23, 2006 |
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