Takeover at Aer Lingus ‘logical’

A TAKEOVER of Aer Lingus makes more sense than the airline joining an alliance.

This is according to Merrion Stockbrokers which said consolidation in the European airline industry is showing no signs of abating in recent times as operators look to co-ordinate capacity levels and cost structures.

It said it sees logic in major European or American airlines in acquiring Aer Lingus.