Tuesday 28 January 2020

Qatar Airways chief 'has no interest' in Aer Lingus

John Mulligan

John Mulligan

THE chief executive of Qatar Airways has said it has no interest in buying the Government's stake in Aer Lingus.

In an interview with a Middle-East business magazine, Akbar Al Baker said the carrier had "no interest" in acquiring stakes in smaller airlines. "We are not interested in any small airline," said Mr Al Baker.

Qatar Airways had been touted as a potential suitor for the Government's 25.1pc stake in Aer Lingus. However, with Ryanair owning nearly 30pc of Aer Lingus, it is unclear how attractive the stake could be. A pension crisis affecting thousands of former and current employees also needs to be resolved before the State can consider a sale.

James Hogan, chief executive of Abu Dhabi-based Etihad, has indicated that he's interested in examining the possibility of acquiring the Government's holding in Aer Lingus.

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