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Analysis - Election-nervous politicians shout down IAG's Aer Lingus bid

2015-02-08 18:37:53| Airlines - Topix.net

The owner of British Airways ICAG.L is running out of time to secure Ireland's Aer Lingus AERL.I as questions over its commitment to keep jobs and key Heathrow routes stoke opposition from politicians facing a tough election next year. Aer Lingus' board recommended the 1.36 billion euro offer from International Consolidated Airlines Group ICAG.L last month, subject to the agreement of the Irish state to sell its 25 percent holding.

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