The Government said that having carefully considered all elements of the offer, it considered that a sale of the State’s minority shareholding to IAG, on the basis of the terms offered, would be “the best means of securing and enhancing Ireland’s connectivity with the rest of the world and maintaining a vibrant and competitive air transport industry in Ireland”. And it would also “best serve the interests of the travelling public, Aer Lingus and its employees, the Irish tourism industry and the Irish economy as a whole”.
The group has disputed the evidence and conclusions that unfair subsidies are being provided by the Gulf States to Gulf carriers contained in the White Paper which has been prepared by American Airlines, Delta and United.
The decision of three major European operators to depart the AEA shows the dispute between Europe and the Gulf carriers is clearly heating up. It is a very rare move that a key member of an EU trade association withdraws, but for three of its membership to leave shows significant concern at its abilities to fulfil its role.
