Aer Lingus mulls Asian tie-up

Irish airline Aer Lingus is looking to clinch a marketing alliance involving the sharing of route codes in the Asia-Pacific region to tap into faster growth outside Europe, chief executive Christoph Mueller said. “In the United States the shake-out is more or less complete in my view... Latin America and Asia are clearly more exciting.” Aer Lingus already has a code-share agreement – which sees airlines link up their flights to extend their networks – with United, British Airways and KLM. Mueller said Aer Lingus was well protected against oil price swings this year as it hedges its exposure two years in advance. He also said there was more potential to save costs, for instance in oil purchasing and information technology processes.