HomeNewsAer Lingus takeover a done deal

Aer Lingus takeover a done deal

By Bernie English

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July 20, 2015

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by Bernie English [email protected]

The TAKEOVER of Aer Lingus by British Amway’s parent company, IAG is expected to be completed in the coming weeks, now that IAG have agreed to conditions which will preserve connectivity at Shannon, Dublin and Cork.

The Government has formally accepted the IAG offer for its share in Aer Lingus after the airline agreed to terms which would guarantee the Heathrow slots for the coming seven years.

The connectivity commitment also included continued ownership by Aer Lingus of the slots and a clause that it would not be able to change the usage of the slots for at least seven years.

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Bernie English http://www.limerickpost.ie

Bernie English has been working as a journalist in national and local media for more than thirty years. She worked as a staff journalist with the Irish Press and Evening Press before moving to Clare. She has worked as a freelance for all of the national newspaper titles and a staff journalist in Limerick, helping to launch the Limerick edition of The Evening Echo. Bernie was involved in the launch of The Clare People where she was responsible for business and industry news.

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