Reply To: Aer Lingus rejects IAG offer againBack to Forum
Am in agreement with Simon and Canucklad
As an IAG shareholder it is a good move as Aer Lingus is already performing well and as long as IAG leave it alone, will compliment current BA operations. It also takes out what could become a significant emerging competitor and banked hub location for Atlantic routes on its doorstep – especially for regional pax as already noted.
However, as a free market advocate, I view it as a spoiler, a bad move for passengers and employees alike. I would prefer to see Aer Lingus increase the ex-DUB market (fed by Ryanair) with all its attractions, on its own – which it has already admirably started doing. Imo it will be in the best interests of the company, employees, passengers and Eire economy to continue – maybe assisted by a non European partner.
The IAG buy-out imo is anti-competitive and will increase the strangle hold on the fully utilised LHR that IAG already has – around 10x as many slots when compared to the next biggest.
Further, for the US-Eire relations already stated plus Walsh is Dublin born with very close connections in the Irish government, being Chair of its debt agency, I do not see any risk whatsoever of the Aer Lingus brand being subsumed as some predict.
However as is well known he cannot be trusted…..
Great pity Christoph Mueller is off to the toughest job in aviation – reviving Malaysia Airlines, as he would be well capable of delivering substantial growth with an independent Aer Lingus (or partnered with SQ, CX, EY) alternatively a shoe in as an ethical IAG boss.