News

IAG / Ryanair Agree Aer Lingus Heathrow Slots Deal

IAG / Ryanair Agree Aer Lingus Heathrow Slots Deal

British Airways’ parent company IAG has agreed to buy some of the Aer Lingus slots at London Heathrow from Ryanair if the low-cost airline’s takeover bid for Aer Lingus gets approval from Brussels. IAG has confirmed it has signed a non-binding memorandum of understanding with Ryanair that is subject to the go-ahead from the European Commission.

British Airways

IAG has agreed British Airways would operate the routes between the UK and Ireland for three to five years and would then have the option of switching the slots to other routes.

The deal is part of a series of actions promised by Ryanair in its efforts to persuade the European Commission that it should be allowed to take control of Aer Lingus. 

Last month the EC indicated it would deny the €694 million bid when it referred it for detailed examination. 

It rejected Ryanair’s previous bid for Aer Lingus in 2007, claiming it would harm competition.

Click to add a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

NEIL STEEDMAN has been a trade journalist, copywriter, editor and proofreader for 50 years, and News & Features Editor for ‘Irish Travel Trade News’ for the past 40 years.

More in News

FREE PIC - NO REPRO FEE
Cork Airport has named the Shine Centre for Autism as its Charity of the Year for 2018. Pictured at the announcement at Cork Airport were brothers Harry (6) and Ryan (9) O’Connell from Carrigaline, along with Laura Crowley, Manager of Educational Support Services, Shine and Eamon O'Donovan, The Loop Retail Operations Manager, Cork Airport  Also included are Kathryn O'Dwyer (left) and Kathleen Walshe, Cork Airport Communications Dept (right).
Along with fundraising events throughout the year, Cork Airport has Shine donation boxes located throughout the terminal and The Loop Shop.
Pic: Brian Lougheed

Shine Centre for Autism is Cork Airport Charity of the Year 2018

Michael FloodFebruary 16, 2018
IMG_4599

Insight Vacations/Luxury Gold Highlight Authentic Dining Experiences

Ian BloomfieldFebruary 15, 2018
Sunway Happy Valentine’s Day

Happy Valentine’s Day from Sunway

Michael FloodFebruary 15, 2018
Aer Lingus Seattle

Aer Lingus Spring Flash Sale On Until Tomorrow

Michael FloodFebruary 15, 2018
Bled Slovenia

Fall in Love with Slovenia with TUI

Michael FloodFebruary 15, 2018
Commission for Aviation Regulation

CAR Issues New Travel Agent Licence, Adds Trading Name for Another

Neil SteedmanFebruary 15, 2018
Aer Lingus Regional

Stobart Air Invests €13.8m as Dublin to Kerry and Donegal Contracts Renewed

Neil SteedmanFebruary 15, 2018
WTM Portfolio

WTM Portfolio Opens Registration for Events in 
Latin America, Africa and Middle East

Neil SteedmanFebruary 15, 2018
Air Canada Eco-Airline of the Year 2018

Air Canada Named Eco-Airline of the Year by Air Transport World

Neil SteedmanFebruary 15, 2018

Copyright © 2016 Belgrave Group Limited, C4 Nutgrove Office Park, Nutgrove Avenue, Rathfarnham, Dublin 14, Ireland