Uncertainty clouds Aer Lingus future

Last Friday, transport minister Martin Cullen announced that AIB Capital Markets and UBS Securities had been appointed to advise the government on the sale of part of its stake in Aer Lingus and to “execute the transaction".

6th August, 2005

Tomorrow,Dermot Mannion takes over as chief executive of the airline. However, it would be simplistic to believe that Mannion faces a straightforward job of straightening out the airline before it floats on the stock market.

The reality is that the airline's future is now clouded by uncertainty and, while advisers have been appointed, a move onto the market is by no means certain. Aer Lingus's profitability is under pressure and the signs are that...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader



Unlimited Access for 1 Month

Get basic

*New subscribers only

You can cancel any time.



€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.




90 Day Pass

You can cancel any time.

2 Yearly



Unlimited Access for 2 Years

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The year in review

Legacy Richie Oakley 1 year ago

Newsround: What Thursday’s papers say

Legacy Leanna Byrne 5 years ago

More cycle routes, expansion of Luas to Bray and new bus network proposed

Legacy Digital Desk 5 years ago