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Aer Lingus IAG take over bid [Master Thread]

Aer Lingus IAG take over bid [Master Thread]

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Old Sep 28, 16, 7:16 am   -   Wikipost
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Aer Lingus takeover by IAG

Executive summary: Rumours of IAG (International Consolidated Airlines Group, British Airways, IAG Cargo, Iberia and Vueling - Link to Wikipedia article) interest in acquiring EI strengthened in December 2014, with refusals and objections by then 29% owner Ryanair, EI Board of Directors and some Irish government leaders (a 25% stake was held by the Irish government).

Aer Lingus, currently headed by CEO Stephen Kavanagh, was acquired by IAG for €1.36bn in 2015; IAG took full control of Aer Lingus on 02 Sep 2015.

Aer Lingus is working to join the oneworld airline alliance and plans to expand service to the U.S. later this year and next, CEO Stephen Kavanagh said Wednesday.

...Aer Lingus will strive to join the oneworld alliance that counts British Airways and American Airlines among its founding members.

“There are some advantages to joining the big-boys’ club,” Kavanagh said. While Avios will be a competitive tool, “ultimately, we believe that will result in our joining again oneworld,” he said.

Link
to USA Today article - 18 May 2016
Aer Lingus is on target to join the OneWorld alliance next year (2017), when it should also be able to benefit from BA's joint venture with American Airlines.

"The next big integration issue will be Aer Lingus coming into the joint business on the transatlantic. That will require some systems changes," said (IAG CEO) Mr Walsh.

Link to article in Independent - 30 Apr 2016
On 26 May 2015, after months of negotiations on a possible IAG takeover, the Irish government agreed to sell its 25% stake in the company. Ryanair retained a 30% stake in Aer Lingus which it agreed to sell to IAG on 10 July 2015 for €2.55 per share. In August 2015, Aer Lingus' shareholders officially accepted IAG's takeover offer. IAG subsequently assumed control of Aer Lingus on 2 September 2015.

Link to Wikipedia article about Aer Lingus
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Old Nov 6, 15, 4:23 am
  #346  
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Nice presentation here :

http://phx.corporate-ir.net/External...23902095392324
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Old Nov 19, 15, 7:01 am
  #347  
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According to AirlineRoute.net, BA is now carrying an EI codeshare on the following routes:

London Heathrow – Cape Town
London Heathrow – Dubai
London Heathrow – Johannesburg
London Heathrow – Kuala Lumpur
London Heathrow – Singapore
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Old Jan 8, 16, 2:50 pm
  #348  
 
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EI flights are now showing between London and Dublin on ba.com as BA codeshares.

Avios earning appears to be at BA rates, rather than at EI rates, assuming you will earn at the way my dummy booking said.

The prices are *not* the same as the Aer Lingus website, and may be higher or lower for given flights. All flights in my sampling all seem to include 1 piece of hand luggage, and so are comparable to Plus fares, I guess, although it doesn't say anything about seat selection.
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Old Jan 9, 16, 6:35 am
  #349  
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Originally Posted by colm View Post
EI flights are now showing between London and Dublin on ba.com as BA codeshares.

Avios earning appears to be at BA rates, rather than at EI rates, assuming you will earn at the way my dummy booking said.

The prices are *not* the same as the Aer Lingus website, and may be higher or lower for given flights. All flights in my sampling all seem to include 1 piece of hand luggage, and so are comparable to Plus fares, I guess, although it doesn't say anything about seat selection.
Any flight with a BA code earns at the BA rate, no matter who operates it (unless it's operated by VY, in which case there is a special exemption)
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Old Mar 15, 16, 3:53 am
  #350  
 
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Interesting to note an early sign of intra-group co-operation in that Aer Lingus is to wet lease an Embraer E-190 from BA CityFlyer for the summer season (subscription link):

http://www.ch-aviation.com/portal/ne...90-this-summer
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Old Mar 15, 16, 4:03 pm
  #351  
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Originally Posted by ian001 View Post
Interesting to note an early sign of intra-group co-operation in that Aer Lingus is to wet lease an Embraer E-190 from BA CityFlyer for the summer season (subscription link):

http://www.ch-aviation.com/portal/ne...90-this-summer
Is that the one that has been sitting idle because BA cannot find any more pilots?
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Old Mar 15, 16, 4:06 pm
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Originally Posted by Calchas View Post
Is that the one that has been sitting idle because BA cannot find any more pilots?
A wet lease includes the crew
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Old Mar 15, 16, 4:58 pm
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Its the one sitting on the ramp in Dublin Sat and Sun morning due the weekend shutdown at LCY.
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Old Mar 15, 16, 5:05 pm
  #354  
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Originally Posted by Calchas View Post
Is that the one that has been sitting idle because BA cannot find any more pilots?
Rather than it sit doing nothing at DUB BA has leased it to EI to do some of the routes on the weekends. Last year BA chartered it to a tour operator to do DUB-MAH. Service onboard will be EI BOB. Maybe give BA crew a taste of what to expect when BA introduce BOB
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Old Apr 13, 16, 3:52 am
  #355  
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IAG Mulls Plans for Dublin Hub as U.S. Airports Court Aer Lingus

Originally Posted by Bloomberg
British Airways owner IAG SA said it’s evaluating further routes between Dublin and cities in North America following its acquisition of Irish flag carrier Aer Lingus, and will announce destinations in due course.

U.S. airports are actively courting Aer Lingus to offer flights, a trend that has already resulted in the carrier committing to the introduction of services to Hartford, Connecticut, starting in September, IAG Chief Executive Officer Willie Walsh said in an interview.
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Old Apr 14, 16, 6:49 pm
  #356  
 
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Is it just me or have prices of Aer Lingus gone up notably since the merger has been completed?
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Old Apr 15, 16, 1:55 am
  #357  
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Originally Posted by Ber2dca View Post
Is it just me or have prices of Aer Lingus gone up notably since the merger has been completed?
Not on my routes!

Ryanair's entry at AMS has brought the cost down on both EI routes from the Netherlands. And the fares onwards to the US appear more or less as they were.
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Old Apr 15, 16, 2:53 am
  #358  
 
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AMS and BRU fares nosedived since FR showed up also seems to have driven DUS down a bit as well

I'm paying pretty much same/less than last year. I do see a higher volatility in the fares across days.

US wise fares seem about normal, the cheapest offered now seems to be less than before, the forward fuel hedging will start to catch up with the fall in oil in coming months
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Old Apr 15, 16, 1:09 pm
  #359  
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Originally Posted by Ber2dca View Post
Is it just me or have prices of Aer Lingus gone up notably since the merger has been completed?
For me I am seeing the fares pretty much the same. Taking into account trends on some routes for me it is generally similar to the last 24 months and in some cases less. EI are having a lot of flash sales recently also.
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Old Apr 19, 16, 5:31 am
  #360  
 
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Still no news on the oneworld date?
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