Aer Lingus

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Aer Lingus (ISEQ: EIL1, LSE: AERL) (a phonetic rendering of the Irish Aer-Loingeas, "air fleet") is the flag carrier of Ireland. It operates a fleet of Airbus aircraft serving Europe, North America and northern Africa. It is Ireland's oldest extant airline, and its second largest after low-cost rival Ryanair. The airline's head office is located on the grounds of Dublin Airport.

Formed in 1936, Aer Lingus is a former member of the Oneworld airline alliance, which it left on 31 March 2007. While it is not part of alliance, the airline has codeshares with Oneworld, Star Alliance and SkyTeam members, as well as interline agreements with Aer Arann and JetBlue Airways. The company employs 4,000 people and in 2009 had revenues of 1.2 billion. Aer Lingus flew 10 million passengers in 2009.[2] It has a mixed business model, operating a low fare service on its European and North African routes and full service, two-class flights on transatlantic routes.

Aer Lingus is 29.4% owned by its rival, Ryanair, and 25.4% owned by the Government of Ireland. The airline was floated on the Dublin and London Stock Exchanges on 2 October 2006, following prior government approval (the government previously owned 85% of the airline).

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