Aer Lingus shares soar on back of further IAG bid speculation

Discussion in 'Other Airlines | Europe' started by uggboy, Jan 9, 2015.  |  Print Topic

  1. uggboy
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    uggboy Gold Member

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    Aer Lingus shares soar on back of further IAG bid speculation

     
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  2. daninstl

    daninstl Gold Member

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    Hmmmm. Not sure that would be a good thing long term but maybe..
     
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  3. uggboy
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    uggboy Gold Member

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    It's all about the slots EI owns at LHR. Other concerns incl. suppression of competition especially on the DUB-LHR route, we will see what happens. Usually EI is against such a "merger". Don't forget that the Irish government also owns 25% in EI, but doen't want to sell to IAG, out of competition concerns, access to slots at LHR. Willie Walsh the current IAG CEO is a former EI CEO.
     
    Last edited: Jan 9, 2015
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  4. daninstl

    daninstl Gold Member

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    Maybe BA just wants to be able to add YQ on those BOS-DUB routes we use our Avios on to get to Europe :)
     
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  5. uggboy
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    Now, here's another reason why BA could be interested. Thanks for the reminder. :)
     
  6. uggboy
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  7. daninstl

    daninstl Gold Member

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    BA doesn't seem to miss a trick on YQ from North America. It's hard to find a work around with them at times and Aer Lingus is a huge hole there. I wonder if this will impact their current relationship however since Aer Lingus isn't a One World member.
     
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  8. uggboy
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    True, Aer Lingus isn't at the moment a One World member, but was a member a decade back. Could happen again in the future, I remember there was even two / three years ago speculation that they might one to re-join One World again.
     

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