Ryanair has put in an offer of €1.30 per share for Aer Lingus. Ryanair has had their sights set of Aer Lingus' routes to New York, Chicago, and Boston for some time now, but their new offer was rejected by Aer Lingus as being too low. However, the offer has been brought to the ministers in Dublin. Gert Zonneveld, of Panmure Gordon, said that a merger of Ryanair and Aer Lingus would give Ryanair's Michael O’Leary to make a go at cheap transatlantic flights.
O'Leary has indicated in the past that he wants to get into long-haul travel and start a revolution where Ryanair will offer seat to the US for as little as €10 (£8). This would be feasible to try with Aer Lingus, since it holds 23 takeoff and landing slots at Heathrow. Zonneveld says that the extent of Aer Lingus' destinations makes this a promising proposal for having a budget carrier try to make its way in the long-haul business.
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