Etihad Airways PJSC said it would be interested in buying Ryanair Holdings Plc.’s 30 per cent stake in Aer Lingus Group Plc. as the budget airline struggles to take over the Irish flag carrier.
Etihad, which already owns 3 per cent of Aer Lingus, would be “very happy to have that discussion,” Chief Executive Officer James Hogan said by phone from Brisbane, Australia on Thursday. “Dublin is a strong, profitable route for us and we’re very keen to strengthen our partnership there.”
The carrier has also had talks about buying the Irish government’s 25 per cent stake in Aer Lingus as it invests in overseas airline to help bolster traffic through its Abu Dhabi hub. Ryanair’s bid for Aer Lingus has drawn opposition from management and sparked a review by European Union regulators who blocked a similar takeover in 2006.
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