Aer Lingus : State's airline stake may be sold

Discussion in 'General Discussion | Travel' started by uggboy, Sep 7, 2011.  |  Print Topic

  1. uggboy
    Original Member

    uggboy Gold Member

    Likes Received:
    Status Points:
    State's airline stake may be sold:confused:

    There is no longer a strategic case for the Government holding a 25% stake in Aer Lingus, Transport Minister Leo Varadkar has said.

    In the clearest indication yet that the state's quarter share will be sold, the minister said the Cabinet would decide whether airport assets would be put on the market.
    The minister confirmed the focus of a review on the sale of state assets in his department had been on aviation rather than the domestic transport sector.

    "No formal decision is made yet," he said. "What I can say is that Aer Lingus stake was held for strategic reasons and having studied the matter over the summer I don't think that really stands any more."


Share This Page