Chapter 1008: Privatization and Delisting

Therefore, many times, Britain, which considers itself to be the closest ally of the United States and has a "special relationship" in the United States' foreign strategy, cannot help but feel a little disgusted by the enthusiasm shown by the United States to Germany...

As the saying goes, "Lick the dog, lick the dog, lick it until the end, and there will be nothing left"...

Many times, America is like a "scumbag". After getting hold of the former "little sweet" England, he starts to talk sweetly and make generous moves to pursue new goals.

This time, during the entire visit to the United States, Joe Harriman did not mention the "special relationship" between Britain and the United States. He only talked about the recent international situation and said that in the Syrian civil war and the Russia-Ukraine conflict, the United Kingdom and the United States need to Cooperate to prevent the situation from developing in an uncontrollable direction.

The interpretation of this by relevant American media is that the British side is already dissatisfied with the "snubbing" of the United States and the neglect of British interests...

Judging from the Cameron government's previous proposal that Britain should have its own independent diplomacy outside of the Anglo-American alliance, and the performance of Joe Harriman after taking office, Britain is adjusting its diplomatic strategy, from following the United States in the Blair era to following suit with the United States. Begin to seek more diplomatic relations.

This includes closer cooperation with European countries such as France and Germany, as well as the "honeymoon" with China since Brown.

This is not a good signal for the United States and may affect the United States' global layout.

Joe Harriman's behavior this time is a carefully considered choice, which will not alienate the United States too much, but can also send out a certain signal. The degree of caution in this still needs to be grasped.

It must be said that Joe Harriman did a good job, but because of her personal charm, she has a good personal relationship with American politicians such as Hillary and Oguan Hai.

After her visit to the United States, Joe Harriman once again took civil aviation to the next stop of her visit, China.

It is worth mentioning that Joe Harriman's trip this time was very "low-key". He went to France, Germany and other places by train, and when he left Europe, he only took business class on civil aviation.

This has also won her a lot of praise. After all, as a politician in the "ballot politics" like the United States and the West, performance is very important - even if you are worth tens of billions of dollars, as long as you are protected by bodyguards every day Riding a bicycle to work can still be praised.

In this regard, Joe Harriman naturally pays great attention to it.

"The relationship between Britain and China is currently in a golden age. The trade volume between the two sides has increased significantly. Chinese companies have also been deeply involved in the construction of Britain's telecommunications, high-speed rail, nuclear power and other fields, and have done outstanding work..."

When Joe Harriman met with the Chinese Foreign Minister, he mentioned:

“Not only is cooperation with China helpful for the growth and restart of the British economy, but also in the face of global challenges including climate, regional conflicts, etc., as a decisive power, cooperation with China is also what the UK needs to continue. I hope Between the UK and China, from the official to the people, mutual trust can be increased through exchanges and cooperation, which will serve as the basis for friendship between the two countries."

It can be said that Joe Harriman's attitude towards China this time has further strengthened cooperation based on Cameron's previous visit.

In this regard, China has also responded positively, hoping that both parties can abandon prejudice and establish a closer cooperative relationship by gradually reaching mutual trust.

After that, Joe Harriman also visited some scenic spots in Yanjing with great interest, and specially posted a photo of her wearing a red cheongsam at the Temple of Heaven in her Woaw and Twitter personal status...

In fact, after this visit to various countries, Joe Harriman has captured countless fans with her personal charm because of the attention she has received. Her Twitter alone has more than 10 million followers. …

You know, at this time, Cameron’s number of Twitter followers is around 4.75 million, which means that Joe Harriman’s number of Twitter followers has exceeded twice that of the British Prime Minister…

Well, the politician with the most Twitter followers in the world is, of course, President Oguan Hai of the United States. His number of followers is now close to 40 million.

…

On August 25, after many days of negotiations, Ryanair’s board of directors finally agreed after the European wealth fund raised its bid to 10 billion pounds (equivalent to $16.6 billion), a full 25% premium over its previous market value. The other party’s acquisition of them.

This also means that this acquisition has been officially completed. The European Wealth Fund will complete the acquisition of Ryanair, the world's top Irish low-cost airline, within the next month. By then, Ryanair will have completed its exit in all trading markets. IPO, thus becoming a company wholly owned by European Wealth Fund.

After the acquisition is completed, Michael O'Leary, who has been critical to the development of Ryanair, will continue to manage the company as chairman and CEO of the group.

In 1989, Ryanair's business declined. It was Michael O'Leary who, during his tenure as interim CEO, adopted the operating model of Southwest Airlines. By canceling unprofitable routes, eliminating turboprop aircraft, and adopting a single model of aircraft, he successfully reversed the company's financial situation and gradually developed Ryanair into one of the most profitable airlines in the world.

It is precisely because O'Leary successfully led Ryanair out of difficulties and developed it into the largest low-cost airline in Europe with his outstanding reform ability, cost control ability, financial incentive strategy and strategic vision, that Barron will trust him and continue to hand Ryanair over to him.

Michael O'Leary said that after the European Wealth Fund acquired Ryanair and privatized it, they will continue to adhere to their ultra-low-cost operating model, by optimizing the cost structure and offering ultra-low fares to attract customers.

A correct version in 16-9 Books and Bars!

"This strategy not only enhances our market competitiveness, but also helps us build a strong brand effect worldwide."

In addition, in addition to relatively low fares, Ryanair will also increase their ancillary income by providing ancillary services such as seat allocation and associated credit card fees. The proportion of income from these ancillary services has increased year by year, becoming an important guarantee for the company's profits.

In addition, Ryanair will also launch a customer improvement plan. Ryanair has launched a series of customer improvement measures, including seat allocation optimization, website "fare discovery" function, two free carry-on bags, "quiet flights", 24-hour "grace period", etc., to meet the needs of different customers.

Currently, Ryanair has 68 aviation bases across Europe, operating 1,600 routes every day, connecting 186 destinations in 30 countries.

And they will continue to expand their route network through a multi-base hub network model to support overall operational efficiency...

Michael O'Leary believes that the implementation of these strategies will enable Ryanair to maintain strong profitability and market competitiveness in the face of global economic fluctuations and intensified industry competition, and even continue to expand efficiently...