Aer Lingus: the shareholder saga

22nd December, 2014
6
Bertie Ahern

November 17, 2004: CEO of Aer Lingus Willie Walsh announces he is resigning. Taoiseach Bertie Ahern accuses him of wanting to “steal” Aer Lingus assets and “shaft the interests of the staff”.

October 2, 2006: Aer Lingus floated on the Irish and London stock exchanges, with the Irish government maintaining a 28 per cent shareholding and employees holding 15 per cent. Ryanair starts to acquire a substantial number of shares in Aer Lingus.

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