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Aer Lingus has a hybrid business model of low-cost and traditional carriers, [7] operating a mixed fare service [8] on its European routes and full service, two-class flights on transatlantic routes. Ryanair owned over 29% of Aer Lingus stock and the Irish state owned over 25% before being bought out by IAG in 2015.
Walsh eliminated 2,000 staff positions and reconfigured Aer Lingus as a low-cost airline. [6] He also withdrew various services like short-haul Business Class [7] and restricted the airline's frequent-flyer programme, TAB. [citation needed]
On 17 December 2021, Aer Lingus announced that franchised regional flights operated by Emerald would launch starting on 17 March 2022. [10] Additionally, Emerald established a subsidiary company in Northern Ireland, incorporated as Emerald Airlines UK, and applied for an AOC in the United Kingdom with the UK CAA . [ 11 ]
Aer Lingus Airbus A330-200. In January 2015, IAG made a bid of €1.36 billion for Aer Lingus. This was expected to be accepted, after the rejection of two prior bids. [30] In May 2015, the Irish government agreed to sell its stake in Aer Lingus to IAG, [31] as did the Aer Lingus board in late January 2015. [32]
Airlines began separating full-fare and discounted economy-class passengers in the late 1970s. In 1976, KLM introduced a Full Fare Facilities (FFF) service for its full fare economy-class passengers, which allowed them to sit at the front of the economy cabin immediately behind first class, and this concept was quickly copied by several other airlines including Air Canada. [5]
This article covers both Fare Basis and Booking Class. They are not the same thing at all. A Fare Basis can be 1-8 alphanumeric characters, and is used to determine the price and restrictions on a ticket. A Booking Class or Reservation Booking Designator (RBD) is used for availability calculations, and is 1-2 alpha characters.