Michael O’Flynn (above) and Blackstone ended up in court after Blackstone vehicle Carbon Finance attempted to appoint receivers to the O’Flynn Group. Photograph: Sasko Lazarov/Photocall Ireland

Property-related debts deal will end row that began last July

The approval means that Dublin-listed Dalata can now move to take over nine Moran Bewley hotels in Ireland and Britain.

Dublin-listed hotel group can now move to take over nine hotels in Ireland and Britain

An Aer Lingus plane passes a British Airways aircraft on the runway at London Heathrow – Aer Lingus owns 23 landing and take-off slots at the airport, worth between €770m and €925m.Photograph: Matthew Lloyd/Bloomberg

Coalition keen to protect slots as they are vital commercial links for State

Transport and tourism committee told regulators may tell merged airlines to dispose of eight slots at London airport

Competition authority clears way for Dalata’s purchase of the Moran Bewley hotel group.

Dalata gets green light to buy nine hotels

British Airways and Spanish carriers Iberia and Vueling  are operated by International Consolidated Airlines Group  (IAG). Photograph: Chris Ratcliffe/Bloomberg

In the first nine months of last year it made €1.13bn profit

There are worries Aer Lingus will lose its independence and  be swallowed up by IAG,  one of Europe’s biggest airlines

Irish Government is likely to raise a number of concerns with IAG

Heathrow is operating at close to full capacity and is unlikely to be able to expand for at least the next decade.

Aer Lingus has 24 of them, worth about €400m

Checking in at Heathrow. The Irish Hotels Federation has urged the Government to do everything in its power to ensure that Aer Lingus keeps its Heathrow landing slots in the long term.

Tourism body calls for Heathrow rights to be protected

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