PricewaterhouseCoopers

Today, PricewaterhouseCoopers brands its consulting activities through the Advisory name.
. The selling of this profitable arm of the firm was a result of public pressure on all the Big Four audit firms, as it is seen to be a conflict of interest for an audit firm to be offering non-audit services to clients.
. In August 2003, IBM revealed that the actual value of the deal was closer to $3.9 billion. Print. In October 2002 PricewaterhouseCoopers sold PwC Consulting, its professional consulting arm, to IBM for approximately $3.5 billion in cash and stock. See Also.

These plans were soon revised, however. The 737-500s will be disposed of during 2005 with three further A320-200 deliveries to replace them, the last due in January 2006. (See also related article on rebranding.). The Aer Lingus fleet consists of the following aircraft (at August 2005):. During 2000, rival firm Arthur Andersen had spun off its consulting activities as Accenture. See article: Aer Lingus destinations. This unusual branding effort occurred in part as a response to one of the firm's rivals. It is believed that the airline will soon be privatised.

According to a June 2002 BBC news article, the firm's CEO, Greg Brenneman described the unusual name as "a real word, concise, recognisable, global and the right fit for a company that works hard to deliver results.". Other plans include the procurement of new long-haul aircraft for expansion of intercontinental services. An outside consultancy, Wolf Olins, was hired to create a brand image for the new entity, which was introduced to the public as "Monday". Business class travel and cargo provisions for short haul flights have both been phased out (which will require the airline to drop out of the oneworld airline alliance), and the trademark aquamarine uniforms are to be dropped in favour of casual poloneck shirts. The firm announced in May 2002 that its consulting activities would be spun off as an independent entity. They are currently positioning themselves as competition to the European no-frills airlines, such as Ryanair, easyJet, Volare and Germanwings, but plan no-frills intercontinental flights as well. PwC planned to capitalize one these development through either a sale to possible suitors like HP and Microsoft or to spin off the division as a separate company. This has largely been achieved through a new strategy involving lowering the airline's cost base, updating the fleet with modern Airbus equipment and developing new routes to mainland European destinations (Aer Lingus had previously largely neglected mainland Europe in favour of US and UK destinations).

During the time of the dotcom era, many smaller consultancies capitalized on the tremendous wealth generated in the equity markets. The airline has since weathered the storm and is back in profit. The Management Consulting Services (MCS) was one of fastest growing and most profitable areas of the consultancy. Staff numbers were cut, destinations were dropped and the fleet was reduced. Though the firm's core business is accountancy, it also ran a huge professional consulting branch, as did other major accountancy firms. Following the attacks on September 11, 2001 Aer Lingus' business was severely reduced. PricewaterhouseCoopers had already decided to sell its technology consulting practice to IBM by this point. In 1 February 2001, Aer Lingus Commuter was merged back into the mainline operation.

This forced many of the Big Four to divest their interests in technology consulting. The event was taken over by Esat BT amid claims that it was part of a cost cutting plan by Aer Lingus, though the airline claimed that the exhibition no longer represented the airline's aims or goals. One such result was the adoption of the Sarbanes-Oxley Act, which required auditor independence and separation of internal audit from general consulting. From 1965 to 1997 Aer Lingus sponsored the Aer Lingus Young Scientist Exhibition. The 2002 indictment of Enron and WorldCom and the subsequent collapse of Arthur Andersen resulted in stringent SEC rules on auditor independence. However, since then these flights have been suspended. The following year, merger discussions between PwC and Grant Thornton failed. Newark International Airport in New Jersey was also added as a destination.

In 1998, Price Waterhouse and Coopers & Lybrand merged to form PricewaterhouseCoopers. The late 1990s saw Aer Lingus return to Belfast with a service to New York via Shannon. Coopers & Lybrand lost a majority of its market share in the 1980s when mergers reduced the Big Eight to the Big Six. By that time, over 8 million people had travelled across the Atlantic in Aer Lingus Boeing 747s. In the 1970s, Coopers & Lybrand studied ways to incorporate technology into automating the auditing process. On October 2, 1995 the last jumbo-jet service was operated after twenty-five years of service. Coopers & Lybrand was essentially an auditing firm. This led to the phasing out of the Boeing 747 and the briefly operated Boeing 767-300ER.

& Montgomery and the Cooper Brothers. In 1994 Aer Lingus started direct services between Dublin and the United States using the new Airbus A330 and in May of that year Aer Lingus operated the first A330 ETOPS service on the North Atlantic route. Coopers & Lybrand, the product of a 1957 merger between Lybrand, Ross Bros. The airline was also the first operator in the world of all 3 then versions of the 737 (the 300/400/500 series). The firm benefitted from tough auditing requirements that arose from the Great Depression. By 1992 Aer Lingus's whole original 737 fleet had been replaced by new 737s. Price Waterhouse's offices in the United States were open in the 1890s. In 1991, 4 Saab 340Bs arrived at the commuter division, to substitute the Shorts 360 planes.

By the late 1800s, Price Waterhouse had gained significant recognition as an accounting firm. The BAC 1-11s were retired and 5 new 737s arrived. A few years later, he took on Edwin Waterhouse as a partner of the firm, leading to the birth of Price Waterhouse. During 1990, after the passage of the deregulation act for the airline industry in Ireland, Aer Lingus had to reconsider its operational policies. Samuel Price, an accountant, founded the firm in London in 1850. Between 1987 and 1989, new Boeing 737s arrived to replace the older ones, and 6 Fokker F50s were added to the Commuter fleet. PwC's other large clients include American International Group, The Home Depot, Bank of America, JP Morgan Chase, Tesco and Unilever. Around this time Aer Lingus purchased a majority sharehold in the cargo airline Aer Turas, owner of some DC-8 freighter jets.

PwC also audits four of the 10 largest companies in the United Kingdom (GlaxoSmithKline, Shell, Barclays and Lloyds TSB Group). These services were operated primarily by 5 of the Belfast-built Shorts 360. As of March 2005, PricewaterhouseCoopers' audit clients included four of the 10 largest public companies in the United States (Exxon Mobil Corporation, Ford Motor Company, ChevronTexaco and IBM). In 1984 a fully-owned subsidiary, Aer Lingus Commuter, was formed so that Aer Lingus could fly to larger cities in Ireland and Britain whose flying time from Dublin did not require jet planes. The firm's dominant practice is Assurance, which accounts for over 50% of PwC's revenue. In the early 1980s the 707s were phased out. Europe and North America account for about 82% of PwC's annual revenue, with Europe alone accounting for 45%. Patrick) from Rome to Dublin and later from Shannon to Boston.

According to statistics compiled by the firm from third party sources, PwC ranks in as the number 1 employer of choice among the Big 4 in student recruiting surveys from 12 countries including China, Germany, United Kingdom and the United States [2]. The pontiff flew aboard a specially modified Boeing 747 (EI-ASI or St. PricewaterhouseCoopers is one of the top 10 companies for working mothers in 2004 according to Working Mother Media. In September 1979 Aer Lingus became the first airline other than Alitalia to be used by Pope John Paul II. PwC audits 37 per cent of the FTSE 100; 22 per cent of the FT Asia Pacific 100 and 43% per cent of the Fortune 1000. The livery included two different colors of blue and one green, plus the white shamrock on the tail/fin. The firm also has in-house human resource services and legal services (through its correspondent global legal firm, Landwell). In 1974 a new livery was unveiled and the word International disappeared from the fuselage titles on Aer Lingus planes.

PwC's service lines are further divided into Consumer and Industrial Products and Service (CIPS), Financial Services (FS) and Technology, Infocomm and Entertainment (TICE). A third was later added to the fleet, however, one was leased out because it wasn't profitable at first for the company to fly 747s across the Atlantic Ocean. PricewaterhouseCoopers has three main service lines — Tax, Audit and Assurance and Advisory. In 1970 Aer Lingus took delivery of two Boeing 747s for use on the transatlantic routes. DiPiazza Jr, a 45 year old partner of the erstwhile Coopers & Lybrand. Aer Lingus later decided to extend the 737 flights to all of their European network. The current global CEO is Samuel A. 1969 saw the introduction of Boeing 737s to the Aer Lingus fleet to cope with the high demand for flights between the cities of Dublin and London.

These 'sister' firms are governed by a global board of partners. The service proved successful in the beginning but it was soon suspended due to the beginning of the troubles in the area. The legal structure of a partnership is very different to that of a company, and as such the global firm is in fact a collection of member firms, that are run autonomously in their respective jurisdictions. In 1968, flights from Belfast in Northern Ireland to New York were started. . The cause of the crash is still unknown, with some suggesting that British missile tests were to blame. PricewaterhouseCoopers is head quartered in New York City, United States. The crash is generally known as the Tuskar Rock Air Disaster in Ireland.

PwC is one of the Big Four, along with KPMG, Ernst & Young and Deloitte Touche Tohmatsu, and was formed in 1998 from a merger between Price Waterhouse and Coopers & Lybrand. All 57 passengers and four crew perished. There are over 120,000 people employed by the global partnership, in 144 countries around the world, working in four lines of service and 22 industry-specialised practices. Aer Lingus suffered its only air crash in 1968 when a Vickers Viscount aircraft en route from Cork to London crashed near Tuskar Rock in the waters off the south east coast of Ireland. PricewaterhouseCoopers LLP (or PwC) is the largest professional services firm and the 6^th largest private company in the world [1]. In 1966 the remainder of the companies shares held by Aer Rianta were tranferred to the Minister for Finance. Sarbanes-Oxley Act. A new livery was adopted in the same year, with a large white shamrock on the fin and titles of Aer Lingus-International just above the plane's windows.

Big Four auditors. Conversion of the European fleet to jet equipment began in 1965 when the BAC 1-11 began services from Dublin and Cork to Paris. The Boeing 720s proved to be a success for the airline on the transatlantic routes, however, in 1964 Aer Lingus took delivery of the larger Boeing 707. However, the Carvair proved to be an economic disaster for the airline, partly due to the rise of car ferry services. With this aircraft, five cars could be transported by loading them into the fuselage through the nose of the plane.

In 1963, Aer Lingus brought some Carvairs to the fleet. Aer Lingus entered the jet-age on December 14, 1960 when three Boeing 720s were delivered for use on the New York route, as well as for the newest Aer Lingus destination, Boston. This arrangement continued until January 1, 1960 when Aerlínte Éireann was renamed Aer Lingus - Irish International Airlines. The aircraft were wet-leased from the American airline Seaboard And Western while Irish cabin crews were used.

Three Lockheed Constellations were used for the thrice-weekly service. On April 28, 1958 Aerlínte Éireann operated the first transatlantic service from Shannon to New York. In 1956 Aer Lingus introduced a new, green top livery with a white lighting flash down the windows and the Irish flag displayed on each plane's fin. Because of the expanding route structure the airline became one of the first to order Vickers Viscount 707s in 1951.

During the late 1940s and early 1950s Aer Lingus introduced new routes to Brussels, Amsterdam and Rome. The Constellations were then sold to BOAC and the transatlantic service was put on hold. Three new Lockheed Constellations were ordered but a financial crisis prevented the service from starting. In 1947 Aerlínte Éireann came into existence with the purpose of operating transatlantic flights to New York from Ireland.

Because of Aer Lingus' rate of growth the airline bought seven new Vickers Viking planes in 1947, however, these proved to be uneconomical and were soon sold. In 1946 a new Anglo-Irish agreement gave Aer Lingus exclusive UK traffic rights in exchange for a 40% holding by British Overseas Airways Corporation and British European Airways (BEA). From this point on Aer Lingus planes were painted in a silver and green livery, and the airline's first flight attendants were introduced. On November 9, 1945 regular services were resumed with an inaugural post-war flight to London.

Apart from a new DC-3 service to Liverpool and an internal service to Shannon the airline's services were curtailed during World War II. In January 1940 a new airport was completed in the Dublin suburb of Collinstown and Aer Lingus moved their operations to the new aviation centre. In 1937 the Irish government created Aer Rianta (now called Dublin Airport Authority), a company to assume financial responsibility for the new airline and the entire country's civil aviation infrastructure. Later that year, the airline acquired its second aircraft, a De Havilland 84B Dragon with a capacity of 14 passengers.

Five days after being founded the airline opened its first service between Baldonnel Airfield in Dublin and Bristol, England, using a six-seater De Havilland 84 Dragon biplane. The name, Aer Lingus is an anglicisation of the Irish form Aer Loingeas which means Air Fleet (as does Aeroflot). Aer Lingus Teoranta was registered as an airline on May 22, 1936. .

Its slogan is Low Fares, Way Better. The company employes 4,000 people and has revenue of €906.8 million as of 2004. Aer Lingus is a member of the Oneworld airline alliance. The airline is owned by the Irish government, however plans are being made for the privatisation of the company.

Based in Dublin, Ireland it operates over 30 aircraft serving Europe and the United States. Aer Lingus (IATA: EI, ICAO: EIN, and Callsign: Shamrock) is the national airline of Ireland. Pioneers in Flight: Aer Lingus and the Story of Aviation in Ireland (The Liffey Press, 2002) ISBN 1-904148-21-2. Weldon.

Niall G. The Flight Of The Iolar : The Aer Lingus Experience 1936-1986 (Gill And Macmillan, 1986) ISBN 0-71711-457-0. Share, Bernard. List of Irish companies.

Aer Lingus Passenger Opinions. Aer Lingus Fleet and Orders. Aer Lingus Fleet Detail. Aer Lingus.

de Havilland DH.84 Dragon EI-ABI 1936-19xx. de Havilland DH.89 Dragon Rapide 1938-19xx. Lockheed L-14 1939-1940. Douglas DC-3 1940-1960s.

Vickers Viking 1947. Vickers Viscount 700 Ei-AFV 1954-1966. Fokker 27 EI-AKG 1958-1966. BAC 1-11 EI-ANG 1965-1990.

Vickers Viscount 800 EI-AOH 1966-19xx. Boeing 737-200 EI-ASL 1969-1992. Shorts 330 EI-BEG 1983. Shorts 360 EI-BSP 1984-1991.

Boeing 737-300 EI-BUD 1987-1993. Boeing 737-400 EI-BXI 1989-2005. Fokker 50 EI-FKE 1989-2001. Saab 340 EI-CFC 1991-1995.

BAe 146-300 EI-CLG 1995-2003. Lockheed Constellation 1948 (Aerlinte Eireann). Lockheed Super Constellation 1958-1960. Boeing 720 EI-ALC 1960-1971.

Boeing 707-320 EI-ANO 1964-1986. Boeing 747-100 EI-BED 1971-1995. Boeing 767-300ER EI-CAL1991-1994. McDonnell Douglas MD-11 N272WA 1998-2001, leased several times from World Airways.

3 Boeing 737-500 Photograph of EI-CDG. 4 Airbus A330-300 Photograph of EI-ORD. 3 Airbus A330-200 Photograph of EI-EWR. 6 Airbus A321-200 Photograph of EI-CPG.

18 Airbus A320-200 Photograph of EI-DEN.