Etihad eyes up Aer Lingus bid

Marion Dakers
ETIHAD is keen to buy Ryanair’s 30 per cent stake in Irish carrier Aer Lingus, the firm’s boss James Hogan said yesterday.

The Gulf carrier, which already owns three per cent of Aer Lingus, would be “very happy to have that discussion”, he told Bloomberg, adding that Etihad has also been in talks about snapping up the Irish government’s 25 per cent stake.

Aer Lingus last month rejected a takeover bid from Ryanair that valued the firm at €694m (£544m).

Etihad later said in a statement that it is not currently in talks with Ryanair, but is very keen to strengthen our partnership [in Dublin]”.