Media

Tuesday 26th May 2015: The Irish Aviation Authority (IAA) welcomes the Government’s decision to approve the proposed sale of its 25% shareholding in Aer Lingus to the International Airlines Group (IAG).

IAG is currently the largest contributor to the IAA’s revenue and is a major user of Irish airspace and airport facilities. British Airways alone accounted for over 10% of the IAA’s air traffic management revenue during 2014.

Eamonn Brennan, IAA Chief Executive said, “We believe that the proposal as approved by  the Government offers significant benefits to Irish aviation, including guaranteed access to London Heathrow from Dublin, Cork and Shannon airports for a sustained period of time.

The proposal provides certainty for the future of Aer Lingus. The addition of Aer Lingus to IAG will provide significant economic benefits to Aer Lingus and more importantly, benefits to the travelling public through a range of improved services across the North Atlantic.

The sale will be an enabler to fleet and capacity expansion for Aer Lingus and will secure competition in the years ahead.”

For media queries, contact:

David J Curtin
Tel: +353 86 283 2123
Email: david@curtin.ie

Tony Lane
Communications Executive
Email: tony.lane@iaa.ie
Tel: +353 1 603 1199
Mob: +353 86 7911864