Ireland may sell Aer Lingus

The government of Ireland is, again, pondering the sale of its part of Aer Lingus but has already indicated that Ryanair would be rebuffed as a buyer on competitive grounds.  Ryanair is offended but says it may consider selling its own stake in Aer Lingus to the right buyer as well.

Now to find a right buyer.  Part of me wonders if the International Airlines Group aka British Airways/Iberia would be interested.  Aer Lingus isn’t a global partner in anything but it could provide some European consolidation that might benefit all parties.  Past IAG, I cannot see who would be interested in owning what they can more profitably compete against.

Another part of why I believe IAG might be interested in IAG’s CEO:  Willie Walsh.  He came up in the airline busines at Aer Lingus.  He knows its strengths and weaknesses and he successfully competed against Ryanair while he led that airline.

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