IAG Exercises Options for Two A330-300s for Aer Lingus.

IAG today announced that it has exercised options for two further A330-300s for Aer Lingus in additional to the two aircraft due later this year. The two new aircraft will be delivered in 2017 and will bring the A330 trans-Atlantic fleet up to 12 aircraft.

Ryanair Agreement Opens Door for IAG Aer Lingus Buyout.

Ryanair today announced its agreement to selling its 29.8% stake in Aer Lingus to International Airlines Group, clearing the way for International Airlines Group to complete its purchase of Aer Lingus. International Airlines Group will then comprise Aer Lingus,...

Irish Government Backs IAG Aer Lingus Bid.

The Irish government today agreed to support British Airways, Iberia and Vueling parent International Airline Group’s bid for Aer Lingus. The sale is dependent on Ryanair agreeing to sell its 30% stake. IAG has guaranteed to maintain the Aer Lingus brand...

Aer Lingus 2013 Q1 Results.

Aer Lingus today announced a €45.5 million loss for the first quarter of 2013. This is up from a loss of €36.1 million in the first quarter of 2013. The first quarter of the year is usually loss making. The additional losses were attributed to the start up costs of...