herald

Tuesday 6 December 2016

IAG bides time over Aer Lingus

aviation

IAG boss Willie Walsh said he's in no rush for the Government to make a decision on a possible sale of Aer Lingus. Speaking before he addressed a luncheon for the Chartered Accountants Leinster Society, he said that the IAG board remains fully behind the takeover plan.

IAG, which owns British Airways and Iberia, has indicated it wants to buy Aer Lingus for €1.36bn, having first approached the Irish airline last December. The Government controls 25.1pc of Aer Lingus.

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