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 an alliance, the airline has codeshares with Oneworld, Star Alliance and SkyTeam members, as well as interline agreements with Aer Arann, JetBlue Airways and United Airlines. Aer Lingus has a hybrid business model, operating a mixed fare service on its European and North African routes and full service, two-class flights on transatlantic routes.
Ryanair owns over 29% of Aer Lingus stock and the Irish state owns over 25%. The state had previously held an 85% shareholding until the Government's decision to float the company on the Dublin and London Stock Exchanges on 2 October 2006. The principal group companies include Aer Lingus Limited, Aer Lingus Beachey Limited, Aer Lingus Limited and Dirnan Insurance Company Limited, all of which are wholly owned.
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