Let’s fly away: IAG and Aer Lingus
News has erupted of another potential merger and acquisition (M&A) in the Airline sector – the acquisition of Irish airline Aer Lingus by the International Airlines Group, IAG. IAG, the product of the merger in the early 2010s between ex-state-owned enterprises British Airways and Spain’s Iberia, has become one of the world’s global giants, ranked in the latest Forbes 2000 index of 2015 as the third largest airline in the world.