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Irish PM wants 'cast iron' guarantees on Aer Lingus sale

2015-02-01 20:49:00| Airlines - Topix.net

The owner of British Airways must provide some sort of "cast iron permanent guarantee" on flights to Ireland if the government is to even consider its bid for Aer Lingus offer from International Consolidated Airlines Group ( Under pressure from the airline's trade unions and opponents in parliament, resistance is building within government around parting with its 25 percent holding, weighing on the airline's shares as IAG decides on a formal bid.

Tags: sale cast iron irish

Aer Lingus 'willing' to agree IAG bid

2015-01-27 09:41:14| BBC News | Business | UK Edition

Irish airline Aer Lingus says it is "willing" to accept a 1.36bn takeover offer from British Airways owner IAG if the interests of "relevant parties" are satisfied.

Tags: agree bid aer lingus

Aer Lingus backs takeover, needs Irish government support

2015-01-27 09:37:47| Airlines - Topix.net

Aer Lingus announced Monday Jan. 26, 2015 that British Airways p... DUBLIN - Aer Lingus announced Tuesday it supports a takeover bid by British Airways parent IAG, putting the Irish airline with its trademark shamrock tailfins on course for foreign acquisition nine years after the national flag carrier's privatization. The 11-member Aer Lingus board said it could recommend IAG's latest bid of 2.55 euros per share, valuing the airline at 1.36 billion euros .

Tags: support government irish backs

Aer Lingus board give thumbs up for 1.36bn offer from IAG

2015-01-27 01:00:00| Airport Technology

Irish airline Aer Lingus has said it is willing to accept a 1.36bn takeover offer from International Consolidated Airlines Group (IAG), the owner of British Airways (BA).

Tags: board give offer thumbs