IAG will make second bid to woo Aer Lingus

First, Willie Walsh tried to buy Aer Lingus from the inside. Now he is trying to do it from the outside. Will it be second time lucky?

22nd December, 2014

Asked to give his take on the initial bid by WIllie Walsh’s IAG for Aer Lingus, one well-informed aviation source gave me a graphic response: they are at the “French-kissing stage”.

“The two airlines are getting ready to get into bed. IAG was always the most suitable suitor for Aer Lingus. This is the real deal,” he said.

IAG is believed to have offered €2.20 per share in its...

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