Fly Leasing chief executive Colm Barrington. The group said the annual management fee payable to its manager and servicer BBAM, has been reduced by 47 per cent

Fly Leasing, the listed aircraft finance group led by Aer Lingus chairman Colm Barrington, has sold 33 aircraft for $985 million (€867 million). The D(...)

British Airways and Aer Lingus jets pass each other at Dublin airport. Photograph: Niall Carson/PA Wire

It took longer than it ever imagined, but International Consolidated Airlines Group finally won the Government over to its €1.4 billion bid for Aer Li(...)

Willie Walsh, CEO of IAG: The group also said the Aer Lingus service from Knock Airport to Gatwick would be maintained. Photograph: Aidan Crawley/Bloomberg

International Consolidated Airline’s Group’s (IAG) €1.4 billion bid for Aer Lingus includes pledges on maintaining links to Heathrow Airport and co(...)

Aer Lingus chief executive Stephen Kavanagh has told the Minister for Transport he does not foresee compulsory redundancies or outsourcing of jobs in the event of IAG buying the Government’s 25 per cent stake in the company.  File photograph: Brian Lawless/PA Wire

The sale of the State’s 25 per cent stake in Aer Lingus to International Airlines Group (IAG) has been recommended by the Cabinet and will go before t(...)

Aer Lingus bid hinges on the airline’s Heathrow slots

December 14th , 2014: Aer Lingus rejects a €1.23 billion approach from International Consolidated Airlines’ Group (IAG) saying that it undervalues the(...)

Colm Barrington, Fly Leasing’s  chief executive, described the results as strong. He noted that the airline industry is growing.

Profits at Fly Leasing, the listed aircraft finance group led by Aer Lingus chairman Colm Barrington, topped $17 million (€15.12 million) in the first(...)

Incoming Aer Lingus chief executive Liam Kavanagh has said  the IAG deal would boost passenger numbers on the airline’s Heathrow routes. File  photograph: Frank Miller/The Irish Times

A deal with International Airlines Group (IAG) will boost passenger numbers on the routes between Ireland and Heathrow that are at the centre of the(...)

Outgoing Aer Lingus CEO Christoph Mueller said that 2014 was a “very successful for Aer Lingus, with strong performance across our businesses”. (Photograph: Bryan O’Brien/The Irish Times)

Aer Lingus considered joining forces with a bigger player to boost its transatlantic business before International Consolidated Airlines’ Group (IAG) (...)

Fly Leasing has not supplied any planes to Aer Lingus and Colm Barrington stressed that he would excuse himself from any discussions dealing with such a transaction. Photograph: Matt Kavanagh

The aviation leasing company led by Aer Lingus chairman Colm Barrington has supplied a number of aircraft to the group that is bidding to buy the par(...)

Stephen Kavanagh: he stressed that becoming part of the group that owns British Airways (BA), Iberia and Vueling would accelerate the growth Aer Lingus is experiencing on its long-haul services. Photograph: Aidan Crawley/Bloomberg

Aer Lingus will grow more slowly and face higher risks if it opts to remain independent instead of accepting the €1.36 billion takeover offer from In(...)