Aer Lingus sell-off set for cabinet

The government is preparing to unveil a package of measures that will clear the way for a part sale of Aer Lingus, the building of a second Dublin terminal by the DAA and the development of a new pier to increase the airport's capacity.

19th March, 2005

Informed sources said that Taoiseach Bertie Ahern and Minister for Transport Martin Cullen were putting the finishing touches to the measures that have been in preparation since before Christmas.

The plans are likely to be put to the cabinet for approval either this Tuesday or nextweek after the Easter holiday.The government and the unions will retain minority stakes in Aer Lingus, but it is believed that more than 50 per cent of the airline is...

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