The European Commission has cleared the proposed acquisition of Aer Lingus by IAG. IAG is the holding company of British Airways, Iberia and Vueling. The Commission had concerns that the merged entity would have faced insufficient competition on several routes and would have prevented Aer Lingus from continuing to provide traffic to the long-haul flights of competing airlines on certain routes. The clearance decision is therefore conditional on the following commitments: the release of five daily slot pairs at London-Gatwick airport to facilitate the entry of competing airlines on routes from London to both Dublin and Belfast; and Aer Lingus continuing to carry connecting passengers to use the long-haul flights of competing airlines out of London-Heathrow, London-Gatwick, Manchester, Amsterdam, Shannon and Dublin. Click here.