Irish ministers to debate Aer Lingus takeover by IAG - Telegraph Irish government fears over loss of connectivity could be appeased by IAG rolling over Aer Lingus' articles of association which allow shareholders to block the transfer of Heathrow slots, say sources Aer Lingus offered Heathrow slots guarantees by British Airways ... IAG steps up pursuit of Irish flag carrier and moves to allay Dublin’s fears with offer to preserve Aer Lingus brand and presence at Heathrow ... Aer Lingus and British Airways planes at Dublin airport. IAG chief executive ... Irish political storm erupts after BA is cleared for takeover at ...
In order to address these concerns, IAG has offered commitments not to sell Aer Lingus' Heathrow slots without the Irish government's approval; not to change Aer Lingus' name, head office or incorporation in Ireland; and to operate the Heathrow slots on Irish routes for at least five years, including a specific commitment to three daily slots ...
Heathrow slots key if IAG wants to get Aer Lingus deal airborne Coalition keen to protect slots as they are vital commercial links for State Fri, Jan 30, 2015, 02:00 Aer Lingus’ investors asked to back Heathrow slots deal ... Aer Lingus’ investors asked to back Heathrow slots deal. Aer Lingus is to ask its shareholders to approve arrangements under which its take-off and landing slots at London’s Heathrow airport will continue to be focused on Irish routes after a proposed takeover of the flag carrier by International Airlines Group. IAG,... IAG offers Irish government further guarantees over future ... In total, the proposed commitments would ensure that, unless there is explicit Irish government agreement Aer Lingus’ slots at London Heathrow cannot be sold, including to other IAG airlines. IAG to guarantee Aer Lingus Heathrow slots - The Irish Times Move designed to convince Government to allow sale of State’s stake to airline’s suitor
Heathrow slots are one of the big prizes if IAG manages to
'Aer Lingus Heathrow slots worth less than €500m ... AER LINGUS'S 23 Heathrow slots are worth less than €500m, incoming chief executive Stephen Kavanagh said today. Aer Lingus - Wikipedia Aer Lingus (/ ˌ ɛər ˈ l ɪ ŋ ɡ ə s /, an anglicisation of the Irish aerloingeas meaning "air fleet") is the flag carrier airline of Ireland and the second-largest airline in the country after Ryanair.Founded by the Irish government, it was privatised between 2006 and 2015 and it is now a wholly owned subsidiary of International Airlines Group (IAG), the parent company of British Airways ... IAG promises not to sell Aer Lingus Heathrow slots - RTE.ie International Airlines Group has promised not to sell Aer Lingus’ slots at London’s Heathrow Airport if it succeeds in its €1.3bn takeover bid. The pledge is one of a number of “legally ...
The Aer Lingus board previously rejected two lesser offers from the group — who are keen to win control of the Irish airline and the valuable slots it occupies at Heathrow Airport. If successful, IAG — which is headed up by former Aer Lingus Chief Executive Willie Walsh and currently owns the British...
Mixed reactions to news of IAG's buyout of Aer Lingus May 27, 2015 · THE sale of Aer Lingus to British Airways carrier IAG will protect Shannon Airport’s routes to Britain and across the Atlantic, a Fine Gael senator has said. Senator Tony Mulcahy said he believes the move by the Irish Government to sell Ireland’s national airline will “provide the necessary security” for the west of Ireland airport. Remember the great Aer Lingus debate? - ITIC - Irish The Heathrow Slots. Aer Lingus services connecting Dublin, Cork and Shannon to Heathrow have marginally increased since IAG have taken ownership. The fear of a …
Aer Lingus 'to accept' bid from British Airways owner …
Aer Lingus rejects takeover bid by BA owner IAG - BBC News Dec 18, 2014 ... British Airways owner IAG says that Irish carrier Aer Lingus has ... have given it valuable access to landing slots at Heathrow, as Aer Lingus is ...
IAG CEO WILLIE Walsh has offered a ‘cast-iron, legally binding’ guarantee that Aer Lingus’ flight-slots at Heathrow Airport will remain as they are for at least five years. Walsh was speaking before a meeting of the Oireachtas Transport Committee this afternoon. It was an assured performance ... Mergers: Commission approves acquisition of Aer Lingus by IAG ... The Commission also analysed whether there was a risk that IAG would prevent passengers flying on Aer Lingus' short-haul flights, from Dublin, Cork, Shannon, Knock and Belfast, from connecting with long-haul flights operated by competing airlines out of other European airports, including Heathrow, Gatwick, Manchester, Dublin and Amsterdam. IAG bids for Aer Lingus - Page 29 - FlyerTalk Forums (OK, for the bank balance and the Heathrow slots. But we can see IAG are not out to just ground Aer Lingus). BA is based at Heathrow - what possible sense would it make to reduce/cut access between Dublin and Heathrow? I just don't know what could be said to smooth this deal. Perhaps the only thing that would make this go was if the BA brand ...