20-Sep-2010 1:56 PM

Aer Lingus identified as target for International Airlines Group

Aer Lingus has reportedly held informal talks with a number of competitors to purchase the Irish Government’s 25% stake in the airline (The Times, 17-Sep-2010). International Airlines Group (IAG), the holding company due to be formed from the merger of British Airways and Iberia, reportedly selected Aer Lingus as one of its potential acquisition targets (abtn.co.uk, 19-Sep-2010). British Airways CEO, Willie Walsh, stated that IAG has identified 12 potential acquisition candidates.