Business Irish

Saturday 16 December 2017

Aer Lingus sale: Stobart Air gives backing to IAG offer

Sean Brogan: Stobart chief
Sean Brogan: Stobart chief reporters

STOBART Air has given its backing to the €1.4bn offer from British Airway's owner IAG for Aer Lingus.

Stobart operates Aer Lingus Regional which offers services on local Irish routes and some smaller airports in the UK and France.

Sean Brogan, Stobart's boss, gave the deal the green light today.

Speaking on RTE's Morning Ireland, he said the deal is likely to bring more jobs in the longer timer.

"I think that you have to look at the proposal through balance spectacles,” he said.

“In our own situation we were a much smaller airline four years ago, in that four years as part of Aer Lingus we have grown our passenger numbers by 35pc.

"That growth has allowed us to re-fleet. We have a new modern fleet. That in turn brings jobs."

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