Friday November 27, 2020

Aer Lingus valued at less than €1bn

The value of Aer Lingus when it floats on the stock market could be a lot less than previously expected, as the government and its advisers face an anxious summer in deciding a price tag, according to international aviation analysts.

8th July, 2006

The value of Aer Lingus when it floats on the stock market could be a lot less than previously expected, as the government and its advisers face an anxious summer in deciding a price tag, according to international aviation analysts.

They said recent estimates that Aer Lingus was worth over €1 billion were very much inflated and that the company would sell for a lot less in the initial public offering (IPO) of shares in...

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