No dividend planned after Aer Lingus flotation

Aer Lingus management has no plans for the company to pay a dividend to shareholders, if and when the airline is floated on the Irish Stock Exchange this year.

The company and its advisers instead want to sell Aer Lingus to investors as a growth story, in keeping with the company’s five-year business plan to spend €2 billion on doubling the size of its long-haul fleet and increasing capacity on its short-haul routes ...