Follow @PoliticsIE
 
 
 
Page 1 of 10 12345 ... LastLast
Results 1 to 10 of 97

Thread: Examiner appointed to Aer Arann

  1. #1
    Politics.ie Member PUFF DADDY's Avatar
    Join Date
    Jul 2009
    Location
    Dublin
    Posts
    3,003
    Mentioned
    0 Post(s)

    Default Examiner appointed to Aer Arann

    Well this is a great shame, if Aer Arann go, Michael to the rescue ?

    Grant Thornton are been kept busy though.


    Examiner appointed to Aer Arann | BreakingNews.ie
    Repeal the 8th

  2. #2
    Politics.ie Member
    Join Date
    Jun 2007
    Location
    Flanders
    Posts
    6,069
    Mentioned
    0 Post(s)

    Default

    Shame, only needed to use them once but it was a good service.

    Toughest times in my lifetime.. one wonders what is around the corner?
    "If you are neutral in situations of injustice, you have chosen the side of the oppressor", Desmond Tutu

  3. #3
    Politics.ie Member MsAnneThrope's Avatar
    Join Date
    Apr 2009
    Location
    pɹɐʍɹoℲ ƃuıoפ
    Posts
    1,819
    Mentioned
    0 Post(s)

    Default Aer Arann enters examinership

    Irish Times, August 26th 2010: Aer Arann enters examinership

    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.
    This will surely have an effect on future bookings though? Have they a future?
    We all love animals. Why do we call some 'pets' and others 'dinner'?

  4. #4
    Politics.ie Member LeDroit's Avatar
    Join Date
    Mar 2010
    Posts
    1,771
    Mentioned
    0 Post(s)

    Default

    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.
    "A govt big enough to give you everything you want, is strong enough to take everything you have" Thomas Jefferson

  5. #5
    Politics.ie Member Ulster-Lad's Avatar
    Join Date
    Oct 2006
    Location
    Dún na nGall
    Posts
    10,090
    Mentioned
    0 Post(s)
    ‘The Great only appear great because we are on our knees: Let Us Rise!’ “ (James Larkin)

  6. #6
    Politics.ie Member Catalpa's Avatar
    Join Date
    Jun 2004
    Location
    Dublin West
    Posts
    10,302
    Mentioned
    0 Post(s)

    Default

    Quote Originally Posted by Verhofstadt View Post
    Shame, only needed to use them once but it was a good service.

    Toughest times in my lifetime.. one wonders what is around the corner?
    A brick wall - with a sheer drop....

  7. #7
    Politics.ie Member PUFF DADDY's Avatar
    Join Date
    Jul 2009
    Location
    Dublin
    Posts
    3,003
    Mentioned
    0 Post(s)

    Default

    Quote Originally Posted by LeDroit View Post
    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.
    Agree, scarey times.

    Used Aer Arann, once in an emergency need to get to Kerry asap, have to say was v.impressed. They were advertising UK flights last wk.
    Repeal the 8th

  8. #8
    Politics.ie Member MsAnneThrope's Avatar
    Join Date
    Apr 2009
    Location
    pɹɐʍɹoℲ ƃuıoפ
    Posts
    1,819
    Mentioned
    0 Post(s)

    Default

    Quote Originally Posted by Ulster-Lad View Post
    Oops, ok. We overlapped. Mods can delete or merge this one.
    We all love animals. Why do we call some 'pets' and others 'dinner'?

  9. #9
    Politics.ie Member
    Join Date
    Sep 2009
    Posts
    287
    Mentioned
    0 Post(s)

    Default

    Quote Originally Posted by Verhofstadt View Post
    Shame, only needed to use them once but it was a good service.

    Toughest times in my lifetime.. one wonders what is around the corner?
    ...recovery of course..

  10. #10
    Politics.ie Member
    Join Date
    Oct 2009
    Location
    dublin
    Posts
    1,334
    Mentioned
    0 Post(s)

    Default

    it is sad to see some of our biggest names go to the wall

    the only people who benefit from the examinership process are the examiners themselves and the lawyers involved in the process

Page 1 of 10 12345 ... LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •