IAG is understood to have told the Government that it will use prized Aer Lingus slots at Heathrow to serve only routes to Ireland for at least seven years if it succeeds in buying the Aer Lingus 'to accept' bid from British Airways owner IAG ... Analysis By Joe Lynam, BBC business correspondent For Ryanair, any takeover of Aer Lingus by IAG is about the money, for BA it is about the landing slots at Heathrow airport, and for the Irish government it is all about jeopardising ... IAG willing to give guarantee on Aer Lingus’s Heathrow slots Walsh tells committee ‘no reason to be concerned’ about takeover bid ... The Irish Times
Feb 14, 2015 ... Irish airline Aer Lingus says it now strongly favors its acquisition by British Airways parent IAG in a statement to shareholders issued Friday.
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 IAG promises not to sell Aer Lingus Heathrow slots - RTE.ie
IAG promises not to sell Aer Lingus Heathrow slots - RTE.ie
Aer Lingus offered Heathrow slots guarantees by British Feb 02, 2015 · Aer Lingus offered Heathrow slots guarantees by British Airways’ owner. IAG said Aer Lingus would benefit from being part of its consolidated group, including joining the oneworld alliance, while being a separate business. In particular, it sees more opportunities in marrying up BA’s transatlantic joint venture with American Airlines... Heathrow slots are one of the big prizes if IAG manages to
IAG promises not to sell Aer Lingus Heathrow slots - RTE.ie
Aer Lingus rejects IAG takeover bid | News | Breaking Travel News A takeover of Aer Lingus by IAG would also need to satisfy regulators that it would not harm competition on certain routes, or give an undue advantage to IAG in terms of take-off and landing slots ... Aer Lingus - Wikipedia On 27 January 2015, Aer Lingus' Board announced that, "the financial terms of IAG's third proposal for the airline are at a level it is willing to recommend.", Aer Lingus said it noted, "IAG's intentions regarding the future of the company, in particular that Aer Lingus would operate as a separate business with its own brand, management and ... Heathrow slots key if IAG wants to get Aer Lingus deal airborne
3 years on: How IAG’s purchase of Aer Lingus has played out for Irish tourism Introduction Just three short years ago on 26th May 2015, the Irish Government agreed to sell the State’s 29.7% holding in Aer Lingus after months of debate and …
The firm, in which Ryanair has a 29.8% stake, rejected two IAG bids last year. By acquiring Aer Lingus, IAG would gain more take-off and landing slots at Heathrow Airport - valued at around £30m ... IAG makes seven-year pledge on Aer Lingus' Heathrow slots ... IAG is understood to have told the Government that it will use prized Aer Lingus slots at Heathrow to serve only routes to Ireland for at least seven years if it succeeds in buying the Irish airline.
Heathrow ‘monopoly must end’, says IAG boss | LatestNewsOnline… IAG, which owns Iberia and Aer Lingus as well as BA, controls just over half the landing slots at Heathrow – Europe’s busiest airport. European Commission - Press Releases - Press release - Mergers… The reason is that the business model of competing scheduled operators tends to focus on bringing connecting passengers to their own network hubs - typical examples are British Airways (to London Heathrow), Lufthansa (to Frankfurt) and Air … IAG to bid for Air Berlin? | UK Aviation News IAG, the parent company of British Airways as well as Iberia, Aer Lingus & Vueling, has apparently tabled a bid for Air Berlin according to Handelsblatt, the German business paper. ...