Aer Lingus executives planning new low-cost airline
07/01/2005 - 07:21:37The Aer Lingus executives who announced their resignations last year after failing in a proposed buy-out of the airline are reportedly planning to set up a new low-cost operator.
Reports this morning said Willie Walsh, Brian Dunne and Seamus Kearney were planning to operate services in the Irish, European and US markets.
Industry sources have reportedly indicated that the new airline will have substantial backing from investors and could be up and running in 12 months’ time.
The new airline is expected to initially operate out of Dublin Airport and a major component of its business will be low-fare flights to the US.
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