Tuesday March 31, 2020

Bumpy landing ahead for Aer Lingus shares

Take a bank account containing €650 million in cash and add it to an airline.

14th March, 2009

Take a bank account containing €650 million in cash and add it to an airline.

The result? A combined entity that the stock market valued at just €250 million last week. Aer Lingus may have tired of telling the world that it’s really worth a lot more than the markets think, but last week’s share price collapse - to a new record low - suggested that its audience has tired just as much....

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