New conditions for Aer Lingus-IAG sale may not help avoid monopoly: Virgin

Adding extra conditions to the sale of Aer Lingus to IAG may not be enough to avoid a monopoly on the route, Virgin Atlantic has said.

New conditions for Aer Lingus-IAG sale may not help avoid monopoly: Virgin

Adding extra conditions to the sale of Aer Lingus to IAG may not be enough to avoid a monopoly on the route, Virgin Atlantic has said.

The airline said no competitors would be able to operate on the Dublin-Heathrow route even if extra slots became available.

IAG would run all 19 daily flights from Dublin to Heathrow if Aer Lingus is sold.

Virgin's Joe Thompson said it has similar experience from when IAG bought the airline BMI in 2012.

"A competitive remedy was applied which made available short-haul slots for airlines to compete on routes that became a monopoly as a consequence (of the BMI buy-out). Virgin Atlantic started operating between Heathrow and Aberdeen and Edinburgh using these remedy slots," he said.

"Unfortunately, competing with a monopoly provider is a very difficult thing to do and we could not make those services economic."

more courts articles

Case against Sir Jeffrey Donaldson to be heard in court Case against Sir Jeffrey Donaldson to be heard in court
Defendant in Cobh murder case further remanded in custody Defendant in Cobh murder case further remanded in custody
Further charges to be brought against accused in MV Matthew drugs haul case Further charges to be brought against accused in MV Matthew drugs haul case

More in this section

Tesla cancels its long-promised inexpensive car Tesla cancels its long-promised inexpensive car
Net zero Profits plummet at battery-maker LG Energy amid EV slowdown
Concern honours Ireland’s volunteers Concern honours Ireland’s volunteers
IE logo
Devices


UNLIMITED ACCESS TO THE IRISH EXAMINER FOR TEAMS AND ORGANISATIONS
FIND OUT MORE

The Business Hub
Newsletter

News and analysis on business, money and jobs from Munster and beyond by our expert team of business writers.

Sign up
ie logo
Puzzles Logo

Play digital puzzles like crosswords, sudoku and a variety of word games including the popular Word Wheel

Lunchtime News
Newsletter

Keep up with the stories of the day with our lunchtime news wrap.

Sign up
Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited