Ireland Vacations with myguideIreland

Michael O’Leary’s Ryanair officially presented its takeover bid to Aer Lingus investors yesterday, giving them until January 5th to accept the €1.40 ($1.87) per share offer.

Ryanair presented the opportunity to create ”one leading, financially strong, Irish-run airline group.”

The offered share price represents a €748 million offer, a premium of approximately 28% over the average closing price for the 30 days ended Nov. 28 and considerably lower than the €2.80 per share that it offered two years ago.

Ryanair guaranteed that Aer Lingus would remain a separately operated company and that both its brand and its slots and connectivity at London Heathrow would remain.

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Today I was looking for Aerlingus’ corporate website (or at least a site where there was information for peopel other than passengers) and I stumbled on www.aerlingusplc.com. What I found was eye-opening to say the least.

Despite Ryanair owning 29.4% of AerLingus, these two airlines are fierce competitors and are always in battle for customers. When I saw this I did a little research and found that when you do a google search for AerLingusplc, there is the Ryanair version of the site ranked at number 1. This search also revealed that Ryanair also own www.aerlingusplc.net.

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