"Cast-iron guarantee forever" for Heathrow slots

The head of the group trying to take over Aer Lingus says he's prepared to give a 'cast-iron gaurantee forever' over the valuable Heathrow landing slots.

Willie Walsh was speaking ahead of his appearance before the Oireachtas Transport Committee this afternoon - and said that there would be a 'very small number of job losses' in the event IAG's bid is successful.

Meanwhile, Ryanair has urged the Government to take the ‘sensible’ decision - and ensure a ‘viable future’ for the airline under a new parent.

Richard Chambers reports:

Separately, the UK's Court of Appeal has ruled that Ryanair should reduce its shareholding in Aer Lingus. Ryanair said it would appeal the ruling;