Oireachtas Joint and Select Committees

Tuesday, 17 February 2015

Joint Oireachtas Committee on Transport and Communications

Proposed Sale of Aer Lingus: (Resumed) Aer Lingus and Stobart Air

5:00 pm

Mr. Stephen Kavanagh:

That is what we do. The change in this construct is that it is a joint business. The Aer Lingus Chicago-Dublin-Krakow and Chicago-Dublin-Warsaw services are part of the Atlantic joint business. The revenue is shared among the four carriers that are members of the entity. That revenue is pro ratain terms of production. It gives Aer Lingus access to a greater market reach and potentially more revenue. In simple terms, our economic interests are aligned with those of all of the other members of the alliance.

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