Time is of the essence for Aer Lingus float

The Taoiseach’s statement that the government decision to sell off Aer Lingus is irreversible is welcome.

11th March, 2006

The Taoiseach’s statement that the government decision to sell off Aer Lingus is irreversible is welcome. However, it remains to be seen when it will happen. The government has already delayed for way too long and a golden opportunity was lost last year when a proposal from the Willie Walsh-led management team was rejected.

In the interregnum after Walsh’s departure momentum was lost. Now Siptu - the biggest union at the airline -...

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