Thursday 8 September 2011

British Airways merger with Aer Lingus Possible?

Reports from TravelMole that BA could merge with Aer Lingus after the Irish government and Ryanair indicated they may both be willing to sell their share in the Irish flag carrier.

The Irish government is expected to announce later today that it will dispose of its 25% stake in Aer Lingus and, according to a report in The Times, Ryanair has confirmed that it will sell its 29.8% shareholding.

BA's parent IAG has already stated that it wants to lead consolidation in Europe and chief executive Willie Walsh was previously head of Aer Lingus, which is the fourth largest airline at Heathrow where it holds 3% of all take-off and landing slots.

Could it lead to a Heathrow slot to Scotland? We doubt it very much...

No comments: