Etihad looks to Aer Lingus and tie up with Virgin
Etihad has approached the Irish government to buy its 25 per cent stake in national carrier Aer Lingus, according to the Financial Times.
Debts have led to the Irish sovereign announcing in September that it would sell its share for no less than 1 Euro per share, valuing the stake at 132.4 million euros.
It is also reported that Etihad has been in talks with Virgin Altantic about a possible partnership should Virgin bid for BMI, the loss-making airline owned by Lufthansa.
IAG, the holding company of British Airways is the most likely buyer for Aer Lingus and the company, together with Spain’s airline Iberia, has already tabled an offer for BMI due to its important flight slots at Heathrow airport.
By Diane Evans
Diane
Have your say Cancel reply
Subscribe/Login to Travel Mole Newsletter
Travel Mole Newsletter is a subscriber only travel trade news publication. If you are receiving this message, simply enter your email address to sign in or register if you are not. In order to display the B2B travel content that meets your business needs, we need to know who are and what are your business needs. ITR is free to our subscribers.































Phocuswright reveals the world's largest travel markets in volume in 2025
Higher departure tax and visa cost, e-arrival card: Japan unleashes the fiscal weapon against tourists
Cyclone in Sri Lanka had limited effect on tourism in contrary to media reports
Singapore to forbid entry to undesirable travelers with new no-boarding directive
Euromonitor International unveils world’s top 100 city destinations for 2025