Oireachtas Joint and Select Committees

Thursday, 12 February 2015

Joint Oireachtas Committee on Transport and Communications

Proposed Sale of Aer Lingus: (Resumed) IAG

2:00 pm

Mr. Willie Walsh:

No. I said I cannot see how one can develop it as a hub but one can transfer passengers at Shannon by feeding passengers flying into Shannon onto the transatlantic services that are operated from Shannon. That is possible.

Let me tell the committee of the experience. As members may be aware, BA operates a business-class service from London City to New York that stops off at Shannon. These are very high value customers. Most of them were not aware of Shannon or the facilities that existed at Shannon until we showed it to them. They love it. They ask for more of that. Last week, I was with one of our biggest shareholders in London who has a big operation in Los Angeles. What the shareholder said to me was, "If you succeed in acquiring Aer Lingus, we will fly with Aer Lingus on the transatlantic because we love the ability to do pre-clearance", rather than clearance when they arrive. This is something that we can bring to the party that is not there in isolation. That is a significant potential.

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