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If they snap the rest of the shares up it'll be tough for anyone else to break into the market on Ryanair's home turf. Easyjet and others tried and ran with there tail between their legs when fares were dropped and frequency increased at a loss no doubt but it worked.
Could turn into a Ryanair monopoly with increased airfares. I had thought the plan of the Government holding onto the shares was to ensure a competitive market. Plus they can't be worth all that much??
It'll be interesting to see how it works if they do sell the shares off.
Does anyone know if they do sell them off can they choose not to sell them to Ryanair under competition rules etc?
Irish Aviation Authority - 672 employees - AVERAGE salary €120,300.
That's an annual wage bill alone of almost €81 million.
CEO salary €208,000, pension contributions €99,000, bonuses & perks €58,000. Total €365,800.
Almost modest compared to some semi-state bodies.
The more flying, the more revenue, the better the future looks - bring on the sunshine !!
With just the schools based there and very few visitors i honestly cant agree.OnTheNumbers wrote:there's certainly no reason why it shouldn't surviveDavid
Why would anyone visit when its so expensie and not as friendly as it was - COMMERCIALISED!!!!!!!!!!
Especially with EINC or EIKH only 15 mins either side of it where you reciee the warmest welcomes in the country....
Thats only my twopence worth...
Michael, commercialisation doesn't have to mean unfriendly. Changes may or may not need to be made, depending on the market they're looking for, but I don't see why it can't or shouldn't survive.
People may not like what Weston has become but the demise of Weston certainly isn't going to do GA any good.
I, for one, will be rooting for its survival.
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