FlyerTalk Forums - View Single Post - Aer Lingus IAG take over bid [Master Thread]
Old Mar 12, 2015, 4:56 am
  #177  
irishguy28
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The FT is usually far more sober and reliable than other news outlets...

so let's hope this is true. This saga has run for long enough!

Originally Posted by The Financial Times
IAG and Dublin ‘close’ to agreement on Aer Lingus takeover


People familiar with the deal — IAG has made a €1.4bn bid for Aer Lingus — said the UK-based company and the Irish government are closer to agreement than they have ever been.

The real sticking point is whether Mr Walsh and the Irish government will compromise on the Heathrow slots guarantee.

IAG has made clear that any extension of its five-year guarantee for keeping the Aer Lingus slots on Irish routes would have to be commercially sound. This would require significant concessions which Dublin may not be able to deliver.
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