Implications Of Aer Lingus Being Taken Over By British Airways

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    Aer Lingus will apparently be approving a €1.3 billion takeover bid by IAG, which is the parent company of British Airways. IAG also controls Iberia, and really is one of the three European airline "superpowers" (Air France/KLM, British Airways/Iberia, and the Lufthansa group). This takeover bid is fascinating for many reasons, and has most of the elements of a good soap opera/reality TV show: -- This is the third takeover bid, after the first two were rejected -- Does British Airways really care about Aer Lingus, or do they just want Aer Lingus' Heathrow slots, since they are the fourth largest operator out of Heathrow? -- Ryanair owns ~30% of Aer Lingus while the Irish government owns 25%, so this is about to get really interesting politically The post Implications Of Aer Lingus Being Taken Over By British Airways appeared first on One Mile at a Time.

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