Aer Lingus Entertains IAG Offer | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-06.23.25

Airborne-NextGen-06.24.25

AirborneUnlimited-06.25.25

Airborne-AffordableFlyers-06.26.25

AirborneUnlimited-06.27.25

Wed, Jan 28, 2015

Aer Lingus Entertains IAG Offer

Has Given British Airways Owner Permission To Conduct 'Due Diligence'

The owner of British Airways has made an offer of about $2.88 per share to acquire Aer Lingus ... and the low-cost carrier says it is "willing" to accept the bid from IAG.

Buying Business Travel reports that, according to the Irish carrier, the bid is "subject to certain pre-conditions", but it has granted IAG a "limited period of confirmatory due dilligence."

IAG said if it acquires the Irish airline, it plans to continue to operate Aer Lingus as a separate business with a unique brand and its own management and operations. Two previous offers from IAG have been rejected by the board of Aer Lingus.

Buying Business Travel reports that one of the most valuable assets Aer Lingus brings to the table are slots at Heathrow Airport ... British Airway's main base. Aer Lingus is the third largest carrier at the airport.

There was no deadline reported for the completion of the deal.

(Image from file)

FMI: www.iairgroup.com, www.aerlingus.com

Advertisement

More News

ANN's Daily Aero-Linx (06.29.25)

Aero Linx: Transport Canada We are a federal institution, leading the Transport Canada portfolio and working with our partners. Transport Canada is responsible for transportation p>[...]

ANN's Daily Aero-Term (06.29.25): Gross Navigation Error (GNE)

Gross Navigation Error (GNE) A lateral deviation from a cleared track, normally in excess of 25 Nautical Miles (NM). More stringent standards (for example, 10NM in some parts of th>[...]

Classic Aero-TV: Anticipating Futurespace - Blue Origin Visits Airventure 2017

From AirVenture 2017 (YouTube Edition): Flight-Proven Booster On Display At AirVenture… EAA AirVenture Oshkosh is known primarily as a celebration of experimental and amateu>[...]

NTSB Final Report: Cirrus SR22

Aircraft Parachute System (CAPS) Was Deployed About 293 Ft Above Ground Level, Which Was Too Low To Allow For Full Deployment Of The Parachute System Analysis: The day before the a>[...]

Airborne Affordable Flyers 06.26.25: PA18 Upgrades, ‘Delta Force’, Rhinebeck

Also: 48th Annual Air Race Classic, Hot Air Balloon Fire, FAA v Banning 100LL, Complete Remote Pilot The news Piper PA-18 Super Cub owners have been waiting for has finally arrived>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2025 Web Development & Design by Pauli Systems, LC