British Airways owner International Airlines Group’s takeover of Aer Lingus given clearance for takeoff July 17, 2015 British Airways owner International Airlines Group (IAG) said today it's been given the go-ahead to buy budget Irish airline Aer Lingus, after the company received acceptances from more than half of shareholders. The news brings IAG, which also owns Iberia and Vueling, a step closer to completing its €1.36bn (£951m) deal to take over [...]
IAG takeover of Aer Lingus given the green light by European Commission July 14, 2015 International Consolidated Airlines Group's (IAG) takeover of Aer Lingus has been given the final go-ahead by European competition regulators. Read more: Ryanair share price up after approving IAG’s offer for Aer Lingus stake The European Commission has cleared the €1.36bn (£960m) takeover following "commitments offered by the parties". British Airways owner IAG agreed to relinquish five daily slot [...]
Ryanair share price up after approving IAG’s offer for Aer Lingus stake July 10, 2015 Ryanair’s board has voted unanimously to sell its 29.8 per cent stake in Aer Lingus to International Airlines Group (IAG), the parent company of British Airways. Despite attempts by the low-fare airline to keep hold of its stake in its Irish rival, it was ordered to sell it by competition regulators in 2012. After months of [...]
British Airways flight BA479 lands safely after circling Heathrow for over an hour with landing gear problem July 2, 2015 A British Airways plane is circling Heathrow at 5,000ft sue to a landing gear problem. Read more: Standard and Poor's upgrades British Airways's outlook Flight BA479 was meant to land at 1.05pm but made loops around the capital before safely landing on runway 27R at around 2.30pm. The flight travelling from Barcelona landed at a [...]
Tui and Thomas Cook share prices tumble after Tunisia beach attack June 29, 2015 Shares in London-listed holiday firms have taken a tumble after the terrorist attacks in Tunisia on Friday which left more than 30 dead, many of them British tourists. Shares in the package holiday company Thomas Cook fell as much as seven per cent to 133.026 pence per share in early trading, recovering slightly to 139.93 [...]
Police launch investigation into the link between body found on Richmond roof and Heathrow stowaway June 20, 2015 Police have launched an investigation into the link between the death of a man found on a roof in Richmond and a stowaway discovered on a British Airways flight from Johannesburg to Heathrow. Scotland Yard confirmed that police had been called at 9.35am on Thursday to Kew Road in Richmond where officers found the body of [...]
Aer Lingus sets out terms of €1.4bn IAG offer June 19, 2015 A takeover of Aer Lingus by International Airlines Group (IAG) – the parent company of British Airways – came one step closer this morning, after the Irish airline published the full terms of IAG's offer for the group and called an extraordinary general meeting. The deal has been sparked by Ryanair, which has been told [...]
Carry-on luggage on airlines including Lufthansa and Emirates is about to get even smaller June 10, 2015 It's one of life's certainties, on top of death and taxes: arrive 10 minutes late to the queue for your gate on a budget airline, and you'll inevitably be forced to stow your carry-on in the hold, thus adding roughly an hour to your journey. Now the International Air Transport Association (IATA) has come up [...]
Irish MPs give Aer Lingus sale to International Consolidated Airlines final go-ahead May 28, 2015 The Irish parliament today gave British Airways owner International Consolidated Airlines' (IAG) bid for Aer Lingus the final go-ahead. Irish MPs voted by a majority of 23 according to local media reports, ending two days of tense negotiations. The vote comes after the Irish government agreed to sell its 25 per cent in Aer Lingus to IAG [...]
Aer Lingus is cleared for BA boss’ takeover as Ireland agrees to sell May 26, 2015 The Irish government last night agreed to sell its 25 per cent in Aer Lingus to British Airways owner International Consolidated Airlines (IAG) after many setbacks. The Irish airline’s board recommended IAG’s proposed €1.36bn (£961bn) offer in February, but it still needs support from the other main shareholder, Ryanair, which has previously voiced its support [...]