Friday July 3, 2020

‘No sale’ likely as TDs take fright on Aer Lingus bid

With a general election getting closer, political concerns over the possible sale of Aer Lingus to IAG are not confined to constituencies in north Dublin alone

1st February, 2015
Willie Walsh, chief executive of IAG Picture: Bloomberg

Back then, it had given the troika a commitment to sell off its 25 per cent stake in the airline in line with the recommendation made by economist Colm McCarthy’s review group on state assets. But with the bailout over, the government now has the luxury of choice.

And the signs are all pointing towards the government taking the path of least resistance – which is to keep Aer Lingus workers, unions, business groups...

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