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IAG boss, Walsh to defend Aer Lingus bid

The chief executive of IAG will appear before Irish members of parliament on Thursday to defend its bid to buy Aer Lingus.
The appearance by Dubliner Willie Walsh, which will be broadcast live, will be the most high-profile public attempt by British Airways owner IAG) to convince doubting Irish voters and politicians about the merits of the bid for the Irish airline, which unions have said could lead to route closures and job losses.
The Aer Lingus board recommended IAG’s EUR€1.36 billion offer last month, subject to the agreement of the Irish state to sell its 25 percent holding.
A government committee is to meet executives from IAG, including Walsh, on Wednesday for a private meeting on the bid.
Transport Minister Paschal Donohoe told the Irish Independent on Monday that the government had not yet made a decision on whether to back the bid.

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