Aviation: Foreign firm might make an Aer Lingus play

Following last week's decision by Britain's Competition Commission involving Aer Lingus and Ryanair, Aer Lingus has moved closer towards acquisition by a foreign airline.

1st June, 2013
Christoph Mueller, chief executive of Aer Lingus.

Following last week's decision by Britain's Competition Commission involving Aer Lingus and Ryanair, Aer Lingus has moved closer towards acquisition by a foreign airline, according to one aviation analyst.

"Consolidation in the airline industry is inevitable and is happening everywhere else in the world," said Investec aviation analyst Gerard Moore. "Why should Ireland be the exception? Progress has been made on the two major obstacles - Ryanair's shareholding in the airline and the pension problem....

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