Aer Lingus has backed claims that more than 500 jobs would be created on new transatlantic routes if a €1 billion bid for the carrier goes through.

Representatives of Aer Lingus and its regional operation will discuss the possible sale of the Government stake in the airline with TDs and Senators this evening.

Aer Lingus has announced that its new chief executive will be a senior manager with 26 years’ service with the airline.

Senior Labour figures have ruled out expressing support for €1.36bn offer to buy Aer Lingus until after the general election.

The proposed takeover of Aer Lingus has been boosted after the airline’s board insisted the buyout made compelling commercial sense.

WHETHER or not the intervention of the Aer Lingus board and its chairman, Colm Barrington, in the debate around the sale of the Government’s share in the airline proves decisive only time can tell.

Aer Lingus directors have released a statement saying there is a "compelling commercial logic" to allowing a takeover from IAG to buy the airline.

Aer Lingus has confirmed that its chief executive Christoph Müller will leave the airline on February 28 rather than in May, as had been previously stated.

Aer Lingus will hold an EGM of its shareholders next month at which the board will seek approval for a €190.7m payment into new pension plans for past and present staff.

Christoph Müller is to step down as Aer Lingus chief executive next May, after five years in the job.

Aer Lingus chief executive Christoph Mueller is to leave the company in May of next year.

Aer Lingus cabin crew protesting outside the country’s three main airports said they hope they will not have to take to the picket-line again this summer — but warned they would if next week’s talks over their rosters are not successful.

Support from Ryanair helped nullify Government opposition to Aer Lingus’ CEO Christoph Müller’s pension enhancements.

A Government bid to block huge pension boosts for the boss of Aer Lingus has been voted down by the narrowest of margins.

A new Ireland-based property investment firm is to raise around €350m from a dual share listing in Dublin and London and begin establishing a portfolio next year.

Ryanair’s 30% stake in Aer Lingus damages competition on routes between Britain and Ireland and must be cut to 5%, a UK regulator has ordered.

The board of Aer Lingus has backed recommendations made by the Labour Court last week, aimed at resolving its pension deficit woes and avoiding industrial action.

Ryanair has appointed the former secretary general of the Department of Transport, Julie O’Neill, to the board of Ryanair Holdings.

Aer Lingus has issued a letter to its shareholders urging them to reject Ryanair's bid for the business.

AER LINGUS expects to meet full-year targets after performing strongly in the key summer months and achieving a pre-exceptional operating profit of €94.6 million in the third quarter.

AER LINGUS has told Ryanair that if it wants to dispose of its 29.8% stake in the airline then it is open to having “constructive discussions”.

RYANAIR has given Aer Lingus a seven-day ultimatum to reply to unanswered questions on policy, threatening to force an extraordinary general meeting if the deadline is not met.

AER LINGUS has written to shareholder and long-time rival Ryanair to reject the latter’s complaints that it is “continually ignored” by the Aer Lingus board, the latest in a long-running war of words between the two airlines.

Aer Lingus returned to profit last year following two years of operating losses, according to the company's annual report.

RYANAIR says the latest European court ruling will not prevent it making a third bid for Aer Lingus.

EU judges today backed the European Commission’s refusal to allow Ryanair to buy the entire Aer Lingus share capital.

AER Lingus shareholders should not expect a dividend payment in the short term, given that it is battling to return its transatlantic operations to profitability.

THE Dublin Airport Authority would have to give Aer Lingus 24 months notice and a brand new hangar before it could leave controversial Hangar 6, the airline’s chairman has claimed.

Aer Lingus has appointed two new non-executive directors to its board.

Eircom today announced the membership of its board following the acquisition of Australian-based eircom Holdings Limited (ERC) by Singapore Technologies Telemedia (ST Telemedia) and eircom ESOP Trustee Limited (ESOT).

Sean Coyle has today resigned as Aer Lingus chief financial officer and head of short-haul operations.

AER Lingus staff remaining after the airline axes hundreds of staff will see their wages and conditions cut to the levels of lower cost rivals Ryanair and Easyjet.

IN the first six months of 2009, Aer Lingus lost just under €19 for every man, woman and child that flew with the airline.

RYANAIR, which has failed twice to take over its rival, Aer Lingus, last night accused it of issuing incorrect information to the market last December in the heat of the takeover battle.

Aer Lingus today reported losses of €93m for the first half of 2009 - almost four times the figure for the same period last year.

Aer Lingus is reportedly facing another severe round of cost cutting as it fights for survival.

AER Lingus, in a surprise move, has appointed its first non-Irish chief executive officer in its 73-year history.

AER LINGUS has admitted its decision to axe 25% of its winter transatlantic schedule is only a “small step” in a complete overhaul of the airline that could see hundreds of jobs axed.

Aer Lingus’s decision to scrap one of its Shannon transatlantic routes will deal a major blow to the region’s tourist industry, it was claimed tonight.

AER Lingus could cut routes from Shannon and Dublin this winter if the Government does not scrap the air travel tax which is causing “serious damage” to the airline.

JOB losses look likely at Aer Lingus, as part of the airline’s strategic review aimed at cutting operating costs. The review has been described by the company’s management as a “fundamental evaluation” of the entire business and will cover costs, work practices, routes and fleet.

Airline Aer Lingus today threw out attempts by shareholder Ryanair to slash the pay of the group’s non-executive directors.

Aer Lingus is facing its most difficult period in its 73-year history, its chief admitted today.

IN the ongoing war of words between Ryanair and Aer Lingus over the carrier’s non-executive directors’ fees, the former state airline has begun a review.