RYANAIR & AER LINGUS
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RYANAIR & AER LINGUS
par SEVRIEN Sam 02 Fév 2013, 10:38
Bonjour, chers tous.
Je me suis rendu compte que, sauf omission ou erreur de ma part, nous n'avons pas ouvert un "topic" pour héberger les éventuels développements dans ce dossier !
Ne voyez aucun sarcasme de ma part : mais nous sommes 'seulement' sur le seuil de la 3ème tentative de RYANAIR de prendre le contrôle d'Aer LINGUS (Ryanair possède, depuis pas mal de temps, une participation de 29% dans le capital d'Aer LINGUS).
Je ne commente pas les modalités de cette éventuelle prise de contrôle. Je ne les connais pas. Et le passé est le passé (pour ce qui est lié strictement au passé, et 'encapsulé', on nous dit, à tort ou à raison, que 'c'est trop tard').
Il n'y a aucun reproche ('méa culpa' d'ailleurs, en tête de liste), mais il me semblait qu'il pourrait être pertinent et opportun, maintenant, de s'intéresser un peu à cette affaire.
A suivre.
Je me suis rendu compte que, sauf omission ou erreur de ma part, nous n'avons pas ouvert un "topic" pour héberger les éventuels développements dans ce dossier !
Ne voyez aucun sarcasme de ma part : mais nous sommes 'seulement' sur le seuil de la 3ème tentative de RYANAIR de prendre le contrôle d'Aer LINGUS (Ryanair possède, depuis pas mal de temps, une participation de 29% dans le capital d'Aer LINGUS).
Je ne commente pas les modalités de cette éventuelle prise de contrôle. Je ne les connais pas. Et le passé est le passé (pour ce qui est lié strictement au passé, et 'encapsulé', on nous dit, à tort ou à raison, que 'c'est trop tard').
Il n'y a aucun reproche ('méa culpa' d'ailleurs, en tête de liste), mais il me semblait qu'il pourrait être pertinent et opportun, maintenant, de s'intéresser un peu à cette affaire.
A suivre.
Dernière édition par SEVRIEN le Sam 02 Fév 2013, 13:42, édité 2 fois
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Re: RYANAIR & AER LINGUS
par SEVRIEN Sam 02 Fév 2013, 10:57
Bien sûr, ... il n'y a aucune obligation d'alimenter ce topic ou ce débat potentiel.
Cela n'est absolument pas le but recherché.
Cela n'est absolument pas le but recherché.
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Re: RYANAIR & AER LINGUS
par SEVRIEN Sam 02 Fév 2013, 17:05
Bonjour, chers tous.
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Article sous lien :
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Last Chance For Ryanair-Aer Lingus Deal Says EU
February 1, 2013
Questions innocentes et spontanées (n'y voir rien d'autre).
Qui peut nous éclairer ? Merci d'avance.
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Article sous lien :
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Last Chance For Ryanair-Aer Lingus Deal Says EU
February 1, 2013
Ryanair has one last chance to argue the merits of its latest attempt to acquire Irish rival Aer Lingus, the European Union's antitrust chief said on Friday, as he prepares to decide the deal's fate.
Questions innocentes et spontanées (n'y voir rien d'autre).
- Comment ce genre "d'Ultimatum Administratif" peut-il être dans le meilleur intérêt de tous ? Comment peut-il 'épouser' le mouvement de la dynamique du marché / des marchés ? Comment peut-il tenir vraiment compte des employés et de leurs intérêts, .... des clients et de leurs souhaits ?
Comme synthèse 'dépouillée', c'est vrai.Europe's biggest low-cost carrier is making its third takeover bid for Aer Lingus after the European Commission blocked its first attempt in 2007 and Ryanair dropped its second in 2009.
Ceci donne des précisions qu'on pouvait, dans le principe, s'imaginer, .. mais, sauf omission ou erreur de ma part, les détails n'avaient pas été diffusés au grand public (chose normale).Ryanair submitted a third set of proposals to the EU competition authority last month. Among them were a promise to cede 43 routes to British-based rival Flybe and three of Aer Lingus's Heathrow routes to British Airways, a person familiar with the matter told reporters earlier.
Quels rivaux ? La Commission, n'avait-elle pas déjà fait ce travail ? Quelles autres parties intéressées ? Est-ce que les clients / passagers potentiels ont été consultés ?The Commission, which acts as competition authority in the 27-member European Union, has since sought feedback from rivals and other interested parties on those proposals.
Il s'agit de NOTRE Commissaire. Il n'est pas question de demander la révélation de détails confidentiels, .. mais est-ce que ce type de communication est vraiment le plus efficace ?Asked if Ryanair would need to offer more concessions, or if it still had time to do so, EU Competition Commissioner Joaquin Almunia said: "There is one more time to discuss it."
"Wait & see", .. donc.He declined to elaborate.
The Commission has set a March 6 deadline for a decision.
Il est inévitable que ces accords soient "non-binding" / 'non engageants', parce que le résultat des négociations est suspendu au bon vouloir d'un Organisme 'Institutionnel' ('politique et adminstratif' , si l'on veut, ... tout autant qu'économique).Les parties prenantes ne veulent pas avoir à payer des dommages-intérêts ou autres compensations, en raison d'un élément de détail 'bloquant' (concernant les modalités, par exemple) dans la décision finale de l'UE. Il n'y a que RYANAIR qui "négocie" avec l'UE ; comment voudrait-on lui demander de "négocier" pour BA & / ou Flybe à la place de ces deux, collectivement ou individuellement ?Ryanair has signed a non-binding agreement with British Airways as part of its plan to acquire Aer Lingus. It is now in non-binding talks with Flybe about a transfer of aircraft and operating routes.
Certes ! Mais lire commentaire ci-dessus. Tout avocat qu'il est, c'est en théorie qu'il a raison. C'est le vieil argument. Mais, dans le cas où les accords / sous-accords seraient "binding", si l'UE assortissait le principe de son accord / son feu vert, de détails & / ou de contraintes imprévus, et gênants, par exemple, pour les autres (autres parties que RYANAIR, s'entend), c'est (potentiellement) la porte ouverte au refus de RYANAIR et à des litiges entre RYANAIR et ses 'partenaires'. Les accords "binding", dans ces contextes, ne sont pas forcément la panacée !An antitrust lawyer said striking binding deals with both rivals could tip the Commission's decision in Ryanair's direction, as that would show all the carriers are committed to the agreements.
(Reuters)
Qui peut nous éclairer ? Merci d'avance.
SEVRIEN- Membre
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Re: RYANAIR & AER LINGUS
par SEVRIEN Dim 03 Fév 2013, 13:39
Bonjour, chers tous.
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Je reviens sur cette question de "binding agreements" / 'accords engageants', ... ou, dans un français plus pur, pointu et contraignant, ... 'accords opposables'.
Pour les juristes et avocats, bien plus compétents que moi sur le sujet, je me permets de rappeler le FAIT du risque que GE aurait pu avoir a supporter, en terme de compensations payables à Honeywell, après l'échec de la fusion envisagée entre GE & Honeywell (cas où personne n'était dupe du fait que ceci eût été une absorption de Honeywell par GE).
L'article ci-après est factuel et perspicace.
Lien :
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GE/Honeywell
Engine failure (Sevrien : le 'gros titre' est vendeur !).
How the Americans helped block GE’s merger with Honeywell (Sevrien : ce 'gros titre', aussi, est vendeur !).
Jul. 5th 2001 | paris |
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WHEN he proudly announced the intended $42 billion merger of General Electric (GE) and Honeywell last October, Jack Welch, GE's chairman, made two serious errors of judgment. First, he underestimated the risk that regulators might balk at such a powerful combination. Ironically, it was the European Commission's antitrust team led by Mario Monti that eventually derailed the all-American transaction. On July 3rd, Mr Monti confirmed that he would not allow the deal to proceed, an outcome that had appeared increasingly likely in recent weeks.
Mr Welch's second error was to quip that it would be his “neck on the line” if he failed to pull off the merger. He postponed his retirement by eight months as a condition for winning Honeywell's approval of his last-minute trumping of a bid from United Technologies (UTC), another American electronics and engineering group. But with the merger blocked, Mr Welch can simply retire as planned.
It turns out that Michael Bonsignore, Honeywell's chairman and chief executive, was really the boss in danger. After Mr Monti's announcement, Honeywell immediately replaced him with Larry Bossidy, a former GE manager and boss of Allied Signal, which Honeywell acquired in 1999.
In effect, Mr Bonsignore was punished for GE's failure to clinch the deal.
But there is little doubt that Honeywell is in worse shape than if it had taken the less ambitious option of merging with UTC.
Its main avionics business has suffered the double blow of slumping orders caused by economic downturn and operational difficulties exacerbated by the attention given to the merger.
Mr Bossidy's first act was to issue a profits warning: Honeywell expects to miss its second-quarter forecast and is gloomy about the rest of this year. Its shares have slumped.
Oui. Et cela est un fait catalogué.
Oui.
Les Experts de "The Economist" sont objectifs. Ils ne sont nullement partie prenantes. leur analyse ci-dessus repose sur des analyses et témoignages très volumineux !
---------------------
Je reviens sur cette question de "binding agreements" / 'accords engageants', ... ou, dans un français plus pur, pointu et contraignant, ... 'accords opposables'.
Pour les juristes et avocats, bien plus compétents que moi sur le sujet, je me permets de rappeler le FAIT du risque que GE aurait pu avoir a supporter, en terme de compensations payables à Honeywell, après l'échec de la fusion envisagée entre GE & Honeywell (cas où personne n'était dupe du fait que ceci eût été une absorption de Honeywell par GE).
L'article ci-après est factuel et perspicace.
Lien :
[Vous devez être inscrit et connecté pour voir ce lien]
GE/Honeywell
Engine failure (Sevrien : le 'gros titre' est vendeur !).
How the Americans helped block GE’s merger with Honeywell (Sevrien : ce 'gros titre', aussi, est vendeur !).
Jul. 5th 2001 | paris |
--------------------
WHEN he proudly announced the intended $42 billion merger of General Electric (GE) and Honeywell last October, Jack Welch, GE's chairman, made two serious errors of judgment. First, he underestimated the risk that regulators might balk at such a powerful combination. Ironically, it was the European Commission's antitrust team led by Mario Monti that eventually derailed the all-American transaction. On July 3rd, Mr Monti confirmed that he would not allow the deal to proceed, an outcome that had appeared increasingly likely in recent weeks.
Mr Welch's second error was to quip that it would be his “neck on the line” if he failed to pull off the merger. He postponed his retirement by eight months as a condition for winning Honeywell's approval of his last-minute trumping of a bid from United Technologies (UTC), another American electronics and engineering group. But with the merger blocked, Mr Welch can simply retire as planned.
It turns out that Michael Bonsignore, Honeywell's chairman and chief executive, was really the boss in danger. After Mr Monti's announcement, Honeywell immediately replaced him with Larry Bossidy, a former GE manager and boss of Allied Signal, which Honeywell acquired in 1999.
In effect, Mr Bonsignore was punished for GE's failure to clinch the deal.
But there is little doubt that Honeywell is in worse shape than if it had taken the less ambitious option of merging with UTC.
Its main avionics business has suffered the double blow of slumping orders caused by economic downturn and operational difficulties exacerbated by the attention given to the merger.
Mr Bossidy's first act was to issue a profits warning: Honeywell expects to miss its second-quarter forecast and is gloomy about the rest of this year. Its shares have slumped.
Et ce type de conclusion pèse sur les "binding agreements " préalables. C'est un fait aujourd'hui reconnu, à contre-coeur par les "Anti-Trust Lawyers". Mais ces derniers ne sont pas dans la mêlée, quand il "faut démêler les chevaux", .... ou simplement les choses !Honeywell could sue GE on the grounds that its suitor did not use the required “best efforts” to gain regulatory approval for the merger.
La contradiction de cette conclusion établie et inébranlable est. La conclusion est "activable" à tout moment, dans les contextes appropriés !But that seems unlikely.
GE scrambled hard in recent weeks to win approval in Europe, but would not budge on central issues that would have undermined the economic case for the deal. On June 29th Mr Bonsignore wrote an open letter to Mr Welch offering to drop Honeywell's price to soothe some of GE's concerns. Mr Welch's response, also public, was politely withering.
Besides, GE also emerges from the debacle in a tricky position that will require careful tactics from Jeffrey Immelt, Mr Welch's successor.
Mr Monti stated bluntly that GE and its aircraft-leasing arm, GECAS, already have a “dominant position” in some markets for jet engines. That finding opens the way for competitors to harry the conglomerate in future through conventional competition agencies. Even if it appeals, as it can, GE is likely to be stuck with this finding.
In ruling against the merger, Mr Monti has soured relations with America's Department of Justice, which cleared the merger in May, demanding only minimal disposals. Did American regulators do a proper job? Lawyers involved in the case say privately that Mr Monti's team was much more thorough in exploring the competitive dynamics of the aircraft and avionics markets.
Oui. Et cela est un fait catalogué.
Oui. Mais ce n'était qu'un facteur (très important) parmi d'autres (très importants, aussi).The European Commission was no doubt helped by the fact that, by the time its investigation was under way in March, GE/Honeywell's competitors, notably UTC and a fellow American company, Rockwell Collins, had woken up and mustered strong arguments against the deal. By then, the justice department had already made up its mind.
The European Commission's conclusions are clearly unpalatable to GE.
Oui.
Oui. Ceci est mis en évidence, aussi, par le fait que les Autorités Anti-Trust des USA aient, tout de même, vu bon de s'aligner sur le verdict de l'UE !But are they only what tough scrutiny would have revealed had it first occurred in America?
Oui.Mr Monti, anxious to preserve transatlantic relations, was far too polite to ask this question in his own defence.
Oui. Et le remarques que j'ai rédigées ont une application et une portée pratiques, et concrètes, qui ont tendance à peser plus lourd ("outweigh") les raisonnements théoriques.But in the end it was mainly American companies, not Europeans, that furnished him with the information that was used to justify blocking the deal. American politicians, including President George Bush, whose harrumphs have injected a nasty note into the proceedings, would do well to bear that in mind.
Les Experts de "The Economist" sont objectifs. Ils ne sont nullement partie prenantes. leur analyse ci-dessus repose sur des analyses et témoignages très volumineux !
Dernière édition par SEVRIEN le Mar 05 Fév 2013, 12:36, édité 2 fois
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Re: RYANAIR & AER LINGUS
par SEVRIEN Dim 03 Fév 2013, 14:14
Rebonjour.
Voici un article de "ainonline", qui appuie les arguments et conclusions sur les problèmes des binding agreements.
Voir ****** ci-dessous.
Je laisse tout le texte, pour éviter tout risque de mettre les choses 'en dehors de leur contexte' (surtout qu'il y a une approche de "flash-back" dans l'écrit).
Lien :
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Honeywell mulls lawsuit after GE merger blowout
Aviation International News ; ref. 2002
May 19, 2008, 8:36 AM (by Stephen POPE)
-------------------------
In the fallout from the failed merger of General Electric and Honeywell, Honeywell’s board of directors last month huddled to contemplate whether the company has a legal case against GE for failing to use “reasonable best efforts” to win approval for the proposed deal in Europe.
Honeywell has retained well-known attorney David Boies, who led the federal government’s antitrust case against Microsoft and represented former Vice President Al Gore during last fall’s Florida ballot recounts, and law firm Kirkland & Ellis for guidance.
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******
Le risque est 'réel'. On ne peut pas le négliger.
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The wild card in the unfolding drama could be new Honeywell chairman and CEO Lawrence Bossidy, a former GE executive and close friend of Welch, who took the helm at Honeywell on July 3, the same day the European Commission issued its rejection of the planned transaction.
When Bossidy ended his career in April last year after masterminding the $15 billion merger of Honeywell and AlliedSignal, he was looking forward to the leisure pursuits that are the perquisites of retirement, namely improving his golf game on the links near his Connecticut home and spending more time with his wife, Nancy. Fifteen months later, following two failed takeover attempts by competitors and a harrowing ride for investors, not only is Bossidy back at the helm of Honeywell, he is feverishly devising plans to put the beleaguered company back on an even keel. In the last month, Bossidy, who served as chairman and CEO of AlliedSignal from 1991 to 1999, has streamlined internal reporting procedures and begun an assessment of the company’s management team. The job certainly is no sinecure, and Bossidy will face a tough road ahead as he makes difficult decisions about Honeywell’s future direction.
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******
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The mood among many of Honeywell’s employees following Bossidy’s return is more upbeat and optimistic than it has been at times in the last year and a half. In that time former Honeywell chairman and CEO Michael Bonsignore struggled to regain the confidence of investors and Honeywell’s board in the wake of unexpected earning shortfalls. Rumors that Bossidy, as early as May of last year, was privately telling board members that Bonsignore didn’t have what it took to run the $25 billion company, contributed to internal chaos as Honeywell entered into merger talks with United Technologies late last spring.
By the time Welch made his now infamous end-around for Honeywell last October, things were briefly starting to look bright for Bonsignore, who would have served no role in a combined GE-Honeywell, but whose golden parachute would set him down gently into a mountain of cash.
As merger negotiations with European regulators dragged on, however, Bonsignore again became the focus of scrutiny; hours after the deal’s collapse, Bossidy was on the telephone with reporters, brightly explaining how he planned to turn the company around. The ousted Bonsignore, meanwhile, was refusing all media requests for interviews. At Honeywell, two days after the EC’s decision, the company’s board issued a brief statement saying Bonsignore had “announced his decision to retire from the company, effective immediately.”
Analysts speculate that Bossidy, 66, will seek to improve Honeywell’s operating margins by shedding under-performing businesses outside aerospace.
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******
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The acquisition of Honeywell would have been Welch’s crowning achievement at GE. Now, the 65-year-old chairman plans to retire after GE’s September 7 board meeting, having failed in the last and biggest deal of his life.
The saga of the last nine months will forever be connected to the executives who were closely involved in the abortive merger, even if it does not overshadow otherwise successful careers. At this point, nobody can guess where Bonsignore, 60, will end up next, or whether Bossidy can successfully right a foundering Honeywell in the face of a sagging economy.
As for Welch, the future is relatively assured–he recently received a $7.1 million advance to write a book about business management, in which he will provide his insight into just what went awry while he was on the goal line, struggling to win approval for the GE-Honeywell deal, with the final seconds of his career ticking down to zero.
-----------------
Intéressant. Il faut bien mettre les lunettes de l'autre !
Voici un article de "ainonline", qui appuie les arguments et conclusions sur les problèmes des binding agreements.
Voir ****** ci-dessous.
Je laisse tout le texte, pour éviter tout risque de mettre les choses 'en dehors de leur contexte' (surtout qu'il y a une approche de "flash-back" dans l'écrit).
Lien :
[Vous devez être inscrit et connecté pour voir ce lien]
Honeywell mulls lawsuit after GE merger blowout
Aviation International News ; ref. 2002
May 19, 2008, 8:36 AM (by Stephen POPE)
-------------------------
In the fallout from the failed merger of General Electric and Honeywell, Honeywell’s board of directors last month huddled to contemplate whether the company has a legal case against GE for failing to use “reasonable best efforts” to win approval for the proposed deal in Europe.
Honeywell has retained well-known attorney David Boies, who led the federal government’s antitrust case against Microsoft and represented former Vice President Al Gore during last fall’s Florida ballot recounts, and law firm Kirkland & Ellis for guidance.
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******
******Under terms of the merger agreement, GE could be forced to pay Honeywell as much as $1.35 billion if Honeywell can prove that GE didn’t do enough to gain approval of the merger in Europe, where antitrust regulators killed the proposed takeover early last month. In the agreement, GE was required to use reasonable “best efforts” to win antitrust approval. Based on GE chairman and CEO Jack Welch’s rejection of a last-minute request by Honeywell that the companies submit a revised proposal to EC regulators, a lawsuit by Honeywell against GE is not outside the realm of possibility, legal experts said.
Le risque est 'réel'. On ne peut pas le négliger.
-----------------------
The wild card in the unfolding drama could be new Honeywell chairman and CEO Lawrence Bossidy, a former GE executive and close friend of Welch, who took the helm at Honeywell on July 3, the same day the European Commission issued its rejection of the planned transaction.
When Bossidy ended his career in April last year after masterminding the $15 billion merger of Honeywell and AlliedSignal, he was looking forward to the leisure pursuits that are the perquisites of retirement, namely improving his golf game on the links near his Connecticut home and spending more time with his wife, Nancy. Fifteen months later, following two failed takeover attempts by competitors and a harrowing ride for investors, not only is Bossidy back at the helm of Honeywell, he is feverishly devising plans to put the beleaguered company back on an even keel. In the last month, Bossidy, who served as chairman and CEO of AlliedSignal from 1991 to 1999, has streamlined internal reporting procedures and begun an assessment of the company’s management team. The job certainly is no sinecure, and Bossidy will face a tough road ahead as he makes difficult decisions about Honeywell’s future direction.
----------------------
******
Derrière cette petite phrase, il y a des dossseirs solides et circonstanciés. Les deux parties l'avaient reconnu, 'sans se fâcher'.In the last nine months Honeywell has suffered from the distractions of the failed GE merger. The CEO’s job now is to get everybody back to focusing on Honeywell operating as a stand-alone company.******
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The mood among many of Honeywell’s employees following Bossidy’s return is more upbeat and optimistic than it has been at times in the last year and a half. In that time former Honeywell chairman and CEO Michael Bonsignore struggled to regain the confidence of investors and Honeywell’s board in the wake of unexpected earning shortfalls. Rumors that Bossidy, as early as May of last year, was privately telling board members that Bonsignore didn’t have what it took to run the $25 billion company, contributed to internal chaos as Honeywell entered into merger talks with United Technologies late last spring.
By the time Welch made his now infamous end-around for Honeywell last October, things were briefly starting to look bright for Bonsignore, who would have served no role in a combined GE-Honeywell, but whose golden parachute would set him down gently into a mountain of cash.
As merger negotiations with European regulators dragged on, however, Bonsignore again became the focus of scrutiny; hours after the deal’s collapse, Bossidy was on the telephone with reporters, brightly explaining how he planned to turn the company around. The ousted Bonsignore, meanwhile, was refusing all media requests for interviews. At Honeywell, two days after the EC’s decision, the company’s board issued a brief statement saying Bonsignore had “announced his decision to retire from the company, effective immediately.”
Analysts speculate that Bossidy, 66, will seek to improve Honeywell’s operating margins by shedding under-performing businesses outside aerospace.
----------------------
******
******Les détails sont concrets, et furent reconnus comme "susbstantially détailed", par les parties.Still unclear is whether Bossidy, a former top lieutenant under Welch who served at GE for 33 years, would support legal action against GE. The day Bossidy took control of Honeywell he said the company would decide whether to sue, seek a settlement or agree to terminate the GE-Honeywell agreement mutually.
Late last month GE and Honeywell agreed to release each other from many of the constraints of the merger contract, freeing Bossidy to make decisions without GE’s approval. Under the merger agreement Honeywell was prohibited from making major decisions, such as workforce cutbacks or buying and selling businesses, without first consulting GE and getting its permission.
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The acquisition of Honeywell would have been Welch’s crowning achievement at GE. Now, the 65-year-old chairman plans to retire after GE’s September 7 board meeting, having failed in the last and biggest deal of his life.
The saga of the last nine months will forever be connected to the executives who were closely involved in the abortive merger, even if it does not overshadow otherwise successful careers. At this point, nobody can guess where Bonsignore, 60, will end up next, or whether Bossidy can successfully right a foundering Honeywell in the face of a sagging economy.
As for Welch, the future is relatively assured–he recently received a $7.1 million advance to write a book about business management, in which he will provide his insight into just what went awry while he was on the goal line, struggling to win approval for the GE-Honeywell deal, with the final seconds of his career ticking down to zero.
-----------------
Intéressant. Il faut bien mettre les lunettes de l'autre !
SEVRIEN- Membre
- Messages : 20088
Re: RYANAIR & AER LINGUS
par SEVRIEN Mar 05 Fév 2013, 12:19
Bonjour, chers tous.
Développement intéressant dans l'affaire "Ryanair - Aer Lingus", ... ou, si l'on préfère, "pertinent, sans doute, dans le contexte général du dossier Ryanair-Aer Lingus".
------------------
Lien et extrait :
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February 5, 2013 9:43 am
Ryanair offers Flybe €100m to operate Aer Lingus routes
By Mark Wembridge
Ryanair offre Groupe Flybe (Cie. aérienne régionale) une 'incitation' / 'compensation' d'€100m, pour l'amener à exploiter quelques itinéraires d'Aer Lingus, à l'extérieur de l'Irlande, et essayer d'inciter l'UE à assouplir son opposition déclarée (actuellement) au "take-over" d'Aer Libus par Ryanair.
Flybe aurait confirmé.
Il y aurait, aussi, un transfert de 10 avions vers Flybe de l'actuelle flotte d'Aer Lingus. Bien sûr, cette offre ne se cristallisera et ne se concrétisera que si Ryanair obtient l'approbation de l'UE / des "Regulatory Authorities".
D'où mes remarques ci-dessus, qui, à mes yeux, et, objectivement, aux yeux de beaucoup d'autres -- je suis très, très loin d'être seul -- et leur pertinence, dans l'explication qui tente à expliquer pourquoi ces offres ne sauraient être "binding", dans l'absolu, au préalable. Il faut, tout de même, être réalistes.
Ainsi, Flybe serait en mesure d'opérer à peu près 40% des routes court-courrier d'Aer Lingus. L'objectif est faire disparaître l'objection de l'UE selon laquelle il n'y aurait pas, ou n'y aurait qu'insuffisamment de concurrence en partance de, et vers l'Irlande, si Ryanair obtenait le contrôle d'Aer Lingus.
En outre, cette opération donnerait un sérieux ballon d'oxygène à Flybe, et lui permettrait d'envisager une forte amélioration de sa performance économique et financière, aujourd'hui fortement déficitaire, paraît-il.
Flybe exploite quelques 180 itinéraires, vers et à partiir 65 aéroports, nous dit-on.
A suivre. "Watch this space".
Mais, cette opération proposée ne garantirait aucunement une réponse favorable des Autorités de l'UE !
Développement intéressant dans l'affaire "Ryanair - Aer Lingus", ... ou, si l'on préfère, "pertinent, sans doute, dans le contexte général du dossier Ryanair-Aer Lingus".
------------------
Lien et extrait :
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February 5, 2013 9:43 am
Ryanair offers Flybe €100m to operate Aer Lingus routes
By Mark Wembridge
Ryanair offre Groupe Flybe (Cie. aérienne régionale) une 'incitation' / 'compensation' d'€100m, pour l'amener à exploiter quelques itinéraires d'Aer Lingus, à l'extérieur de l'Irlande, et essayer d'inciter l'UE à assouplir son opposition déclarée (actuellement) au "take-over" d'Aer Libus par Ryanair.
Flybe aurait confirmé.
Il y aurait, aussi, un transfert de 10 avions vers Flybe de l'actuelle flotte d'Aer Lingus. Bien sûr, cette offre ne se cristallisera et ne se concrétisera que si Ryanair obtient l'approbation de l'UE / des "Regulatory Authorities".
D'où mes remarques ci-dessus, qui, à mes yeux, et, objectivement, aux yeux de beaucoup d'autres -- je suis très, très loin d'être seul -- et leur pertinence, dans l'explication qui tente à expliquer pourquoi ces offres ne sauraient être "binding", dans l'absolu, au préalable. Il faut, tout de même, être réalistes.
Ainsi, Flybe serait en mesure d'opérer à peu près 40% des routes court-courrier d'Aer Lingus. L'objectif est faire disparaître l'objection de l'UE selon laquelle il n'y aurait pas, ou n'y aurait qu'insuffisamment de concurrence en partance de, et vers l'Irlande, si Ryanair obtenait le contrôle d'Aer Lingus.
En outre, cette opération donnerait un sérieux ballon d'oxygène à Flybe, et lui permettrait d'envisager une forte amélioration de sa performance économique et financière, aujourd'hui fortement déficitaire, paraît-il.
Flybe exploite quelques 180 itinéraires, vers et à partiir 65 aéroports, nous dit-on.
A suivre. "Watch this space".
Mais, cette opération proposée ne garantirait aucunement une réponse favorable des Autorités de l'UE !
SEVRIEN- Membre
- Messages : 20088
Re: RYANAIR & AER LINGUS
par SEVRIEN Jeu 07 Fév 2013, 01:37
Bonjour.
-----------------------
Le CEO d'Aer Lingus commence à réagir. Il doit sentir que RYANAIR et déterminé et veut mettre toutes les chances du côté de ses ambitions, cette fois-ci !
Il déclare que la tentative de prise de contrôle de RYANAIR est un peu trop 'exagérée', ....trop ambitieuse, .... 'un rêve trop loin' !
------------------------
Lien & article :
[Vous devez être inscrit et connecté pour voir ce lien]
-------------------------
Aer Lingus Calls Ryanair Bid Far Fetched
February 6, 2013
-------------------------
"Aer Lingus said on Wednesday an attempt by Ryanair to buy the company was likely to fail, and pointed to a jump in profits last year as proof it could flourish on its own.
"Aer Lingus's shares have climbed from €1.10 at the start of January to €1.28, just short of the €1.30 euros that Ryanair offered for the small airline last month.
"Ryanair's biggest obstacle is the risk that its proposed EUR€694 million (USD$939 million) takeover could be blocked by European competition authorities and it wants British airline Flybe to take over some Aer Lingus routes to allay their concerns.
"But Aer Lingus's management said the plan, which would effectively create a new Irish airline, was unrealistic. The European Commission is due to make a decision by March 6.
' "It seems to me so far fetched, this proposition, that we don't bother wasting our time on it," Aer Lingus chief executive Christoph Mueller told journalists'.
' "We question very much that Flybe will be an independent competitor to Ryanair and we are working from the assumption that we will be around next year when we talk" at Aer Lingus's 2013 results announcement, he said. '
"Mueller was speaking after Aer Lingus announced an operating profit of EUR€69.1 million, up 40 percent from last year."
"It said yields per passenger were up 7 percent from last year while passenger numbers were up 1.5 percent at 9.5 million".
"The airline will pay a dividend of 4 euro cents per share this year, up from 3 cent last year."
(Reuters)
--------------------------
A voir ! "Watch this space"
-----------------------
Le CEO d'Aer Lingus commence à réagir. Il doit sentir que RYANAIR et déterminé et veut mettre toutes les chances du côté de ses ambitions, cette fois-ci !
Il déclare que la tentative de prise de contrôle de RYANAIR est un peu trop 'exagérée', ....trop ambitieuse, .... 'un rêve trop loin' !
------------------------
Lien & article :
[Vous devez être inscrit et connecté pour voir ce lien]
-------------------------
Aer Lingus Calls Ryanair Bid Far Fetched
February 6, 2013
-------------------------
"Aer Lingus said on Wednesday an attempt by Ryanair to buy the company was likely to fail, and pointed to a jump in profits last year as proof it could flourish on its own.
"Aer Lingus's shares have climbed from €1.10 at the start of January to €1.28, just short of the €1.30 euros that Ryanair offered for the small airline last month.
"Ryanair's biggest obstacle is the risk that its proposed EUR€694 million (USD$939 million) takeover could be blocked by European competition authorities and it wants British airline Flybe to take over some Aer Lingus routes to allay their concerns.
"But Aer Lingus's management said the plan, which would effectively create a new Irish airline, was unrealistic. The European Commission is due to make a decision by March 6.
' "It seems to me so far fetched, this proposition, that we don't bother wasting our time on it," Aer Lingus chief executive Christoph Mueller told journalists'.
' "We question very much that Flybe will be an independent competitor to Ryanair and we are working from the assumption that we will be around next year when we talk" at Aer Lingus's 2013 results announcement, he said. '
"Mueller was speaking after Aer Lingus announced an operating profit of EUR€69.1 million, up 40 percent from last year."
"It said yields per passenger were up 7 percent from last year while passenger numbers were up 1.5 percent at 9.5 million".
"The airline will pay a dividend of 4 euro cents per share this year, up from 3 cent last year."
(Reuters)
--------------------------
A voir ! "Watch this space"
SEVRIEN- Membre
- Messages : 20088
Re: RYANAIR & AER LINGUS
par SEVRIEN Jeu 07 Fév 2013, 10:40
Bonjour, chers tous.
-----------------------
Ce n'est un secret pour personne que RYANAIR soit la Compagnie que certains "love to hate" .
Mais il n'empêche que les très nombreux passagers, qui ne peuvent plus partir de Strasbourg (Enzheim) à Londres sur RYANAIR, se rendent en Allemagne, pour partir de l'aéroport de Karlsruhe BADEN-BADEN, à 40 kms environ de distance, pour partir de celui-ci.
Et RYANAIR est une compagne qui ne manque ni de volonté ni de determination.
Il reviendra à Strasbourg à partir du mois d'Avril, 2013. ******(voir ci-dessous)
---------------
lien : [Vous devez être inscrit et connecté pour voir ce lien]
----------------
RYANAIR fait preuve du même type de volonté dans son dossier "AER LINGUS".
Voici des précisions diffusées publiquement sur l'accord prévu avec "Flybe", en cas de réussite dans ce dossier "AER LINGUS".
'Flybe', pendant 3 ans, pourrait utiliser la marque ("Brand Name") : Aer Lingus
Lien et extrait :
[Vous devez être inscrit et connecté pour voir ce lien]
New Irish Flybe division could use Aer Lingus brand
------------------
London : David Kaminski-Morrow
6 Feb 2013
[Vous devez être inscrit et connecté pour voir ce lien]
-------------------
"UK regional operator Flybe Group's proposed Irish division would have the right to use the brand Aer Lingus for up to three years following its creation.
"The new operating company will be named Flybe Ireland and serve 34 European destinations - a total of 43 routes - from two bases in Dublin and Cork.
"Flybe Group says its UK operation already serves around half of these.
"If approved by Flybe Group shareholders the new Irish operation would start services at the beginning of the winter season around October 2013." ..............
--------------------
"Watch this Space"
--------------------
******
Précisions :
Dans le sillage d'une 1ère décision du tribunal administratif de Strasbourg (juillet 2003), la cour d'appel administrative de Nancy avait confirmé l'annulation en novembre 2003 des subventions versées par la chambre de commerce et d'industrie du Bas Rhin à Ryanair, les jugeant illégales, suite à une plainte déposée par BritAir, Filiale LCC d'Air France.
Jusqu'au mois d'avril, 2009, paraît-il (seulement la date à vérifier), BritAir assurait les vols entre Strasbourg (Entzheim) et Londres (London City).
-----------------------
Ce n'est un secret pour personne que RYANAIR soit la Compagnie que certains "love to hate" .
Mais il n'empêche que les très nombreux passagers, qui ne peuvent plus partir de Strasbourg (Enzheim) à Londres sur RYANAIR, se rendent en Allemagne, pour partir de l'aéroport de Karlsruhe BADEN-BADEN, à 40 kms environ de distance, pour partir de celui-ci.
Et RYANAIR est une compagne qui ne manque ni de volonté ni de determination.
Il reviendra à Strasbourg à partir du mois d'Avril, 2013. ******(voir ci-dessous)
---------------
lien : [Vous devez être inscrit et connecté pour voir ce lien]
----------------
RYANAIR fait preuve du même type de volonté dans son dossier "AER LINGUS".
Voici des précisions diffusées publiquement sur l'accord prévu avec "Flybe", en cas de réussite dans ce dossier "AER LINGUS".
'Flybe', pendant 3 ans, pourrait utiliser la marque ("Brand Name") : Aer Lingus
Lien et extrait :
[Vous devez être inscrit et connecté pour voir ce lien]
New Irish Flybe division could use Aer Lingus brand
------------------
London : David Kaminski-Morrow
6 Feb 2013
[Vous devez être inscrit et connecté pour voir ce lien]
-------------------
"UK regional operator Flybe Group's proposed Irish division would have the right to use the brand Aer Lingus for up to three years following its creation.
"The new operating company will be named Flybe Ireland and serve 34 European destinations - a total of 43 routes - from two bases in Dublin and Cork.
"Flybe Group says its UK operation already serves around half of these.
"If approved by Flybe Group shareholders the new Irish operation would start services at the beginning of the winter season around October 2013." ..............
--------------------
"Watch this Space"
--------------------
******
Précisions :
Dans le sillage d'une 1ère décision du tribunal administratif de Strasbourg (juillet 2003), la cour d'appel administrative de Nancy avait confirmé l'annulation en novembre 2003 des subventions versées par la chambre de commerce et d'industrie du Bas Rhin à Ryanair, les jugeant illégales, suite à une plainte déposée par BritAir, Filiale LCC d'Air France.
Jusqu'au mois d'avril, 2009, paraît-il (seulement la date à vérifier), BritAir assurait les vols entre Strasbourg (Entzheim) et Londres (London City).
SEVRIEN- Membre
- Messages : 20088
Sujets similaires
» Aer Lingus : EI : EIN
» Ryanair : FR : RYR
» Mise en examen de Ryanair
» Faut-il céder aux menaces de Ryanair ?
» Ryanair : FR : RYR
» Mise en examen de Ryanair
» Faut-il céder aux menaces de Ryanair ?
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