Minister sees the light on Ryanair Aer Lingus offer

It would seem that the Minister for Transport has seen the light in terms of the validity of the Ryanair offer for Aer Lingus.

No doubt this newly forged attitude emerged from the news that Ryanair has signed a non-binding agreement with IAG — the owners of British Airways — to sell them 80% of Heathrow slots.

No doubt after the qualifying period these slots would have been reassigned by British Airways to more profitable routes. Ryanair, after all, has a history of re-deploying their aircraft on more profitable routes which usually follows a row with airport authorities over airport charges. It is highly probable that the Heathrow slots would be used by them to grow their business in other jurisdictions if such routes were scoped to be more profitable.