Aer Lingus would keep its brand and rejoin oneworld if International Airlines Group (IAG) succeeds in acquiring the Irish carrier. News of the tentative plans came as Aer Lingus’ board signaled it is happy with IAG’s latest bid proposal of €2.55 ($2.86) per share. This is significant because IAG is only willing to proceed once this endorsement is in place. “The [Aer Lingus] board has indicated to IAG that the financial terms are at a level at which it would be willing ...

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