Sold! Aer Lingus Now Owned By Parent Of British Airways And Iberia

Irish carrier Aer Lingus accepts takeover bid from International Airlines Group. This was reported by SKY NEWS.

Irish carrier Aer Lingus on Tuesday backed a 1.35-billion-euro ($1.51-billion) takeover offer from International Airlines Group, parent of British Airways and Iberia.

Aer Lingus announced in a statement that its board was "willing to recommend" IAG's improved proposal- its third since December- subject to certain conditions.