Rival Ryanair could help Aer Lingus on longhaul says controversial boss
Long-term rivals Ryanair could now become a feeder airline to boost Aer Lingus as it seeks to expand its long-haul network, according to Ryanair CEO Michael O’Leary.
The flamboyant boss - who sought to buy his rival at one time and whose company has a large share stake in Aer Lingus – said it seemed logical and obvious to him that such a feed would happen. The Irish Independent reports that such arrangement wouldn’t be “complicated,” according to the Ryanair boss.
Mr O’Leary said he believed that the Government in Ireland must make up its mind what to do with its shareholding of 25.1pc Aer Lingus stake, if it decided not to sell to IAG. The board of Aer Lingus restated its backing for a takeover bid by the owner of British Airways as it revealed that profits at the Irish carrier have soared almost 18%.