Government deserves credit for IAG deal

The government is to be applauded for giving its approval to the proposed €1.4 billion takeover of Aer Lingus, Ireland’s national airline, by IAG. It has set aside political expediency and the potential of electoral losses in certain pockets of Dubli

31st May, 2015

The government has driven a hard bargain, and has secured commitments and compromises from IAG that few would have imagined possible when the British Airways owners first started the process in December last. If anything, the success of the government in negotiating guarantees over the Heathrow slots shows the importance of the government retaining its minority holding when the airline was floated on the stock market in 2006. The government has long maintained that it...

Subscribe from just €1 for the first month!


What's Included

With any subscription you will have access to

  • 971569B3-2C5E-4C45-B798-CEADE16987A8

    Unlimited multi-device access to our iPad, iPhone and Android Apps

  • 099C8662-C57C-42F2-9426-F2F90DF17C8F

    Unlimited access to our eReader library

  • 198AE43B-B9CF-4892-8769-D63C2104BA08

    Exclusive daily insight and opinion seven days a week

  • D8F37B78-25E4-4E4A-A376-4F5789B1564A

    Create alerts to never miss a subject that matters to you

  • B15F2521-37CD-4E02-B898-730A20D39F7F

    Get access to exclusive offers for subscribers on gifts and experiences

  • A564FE02-1AB8-4579-AF9D-BA32A2E5ACA7

    Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine

Share this post

Related Stories

Proposal for expert panel to review capital projects over €100m

State body to reissue €28m office supplies contract

Sinn Féin open to coalition deal, but on condition of border poll

Fine Gael ‘will go to war’ if Bailey runs as independent