Link Aggregation refers to the process of assigning an IP Address to 2 Physical Interfaces for redundany purpose.
In AIX:
Smit > Devices > Communication > EtherChannel / IEEE 802.3ad Link Aggregation > Add An EtherChannel >
Link Aggregation
Select the primary network adapter (ent0) and select its mode as 8023ad. Now both the interfaces ent0 and ent1 are bounded together to form virtual interface ent2. Assign the IP address to the virtual interface ent2.
In case if any one of the interface goes down another interface will act as a backup.
In AIX:
Smit > Devices > Communication > EtherChannel / IEEE 802.3ad Link Aggregation > Add An EtherChannel >
Link Aggregation
Select the primary network adapter (ent0) and select its mode as 8023ad. Now both the interfaces ent0 and ent1 are bounded together to form virtual interface ent2. Assign the IP address to the virtual interface ent2.
In case if any one of the interface goes down another interface will act as a backup.