Saturday April 4, 2020

Politicians show why they shouldn’t own an airline

Stephen Kinsella: Electoral considerations are fouling the air around the IAG bid for Aer Lingus. The real story is commercial self-interest bashing off political self-interest

1st March, 2015
Stephen Kinsella

It’s the political economy, stupid. International Airlines Group’s bid to purchase Aer Lingus is bringing out the worst in the political classes and showing precisely why ownership of state assets should be externally monitored and all divestitures examined for conflicts of interest.

Chests are being puffed up to harvest-frog levels, as ministers and TDs in shaky seats whose constituents have a chance of being affected by any change line up to...

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