Radarspotting

Miscellaneous => Aviation News => Topic started by: mhm on February 14, 2015, 12:04:57 PM

Title: Aer Lingus ups support for IAG deal
Post by: mhm on February 14, 2015, 12:04:57 PM
Aer Lingus has reaffirmed its support for a £1bn takeover offer from British Airways owner, International Consolidated Airlines Group (IAG), saying it believes the deal makes commercial sense.

The Irish airline talked up the deal following meetings with the Irish government earlier this week.

It said it believed the deal was in the best interests of shareholders.

The Irish government is thought to have raised concerns about the takeover.
http://www.bbc.co.uk/news/business-31455690