Minister Donohoe welcomes Dáil approval of motion to dispose of State’s share in Aer Lingus

28th May, 2015

The Minister for Transport, Tourism and Sport, Paschal Donohoe TD, has this afternoon (Thursday) welcomed Dail’s support for the motion to approve the disposal of Government’s shareholding in Aer Lingus, saying it is in the best interest of the company, the country and Ireland’s connectivity.

 

Minister Donohoe said: ‘Dáil approval for the motion before it today allows for the disposal of the State’s minority shareholding in Aer Lingus to IAG. In the event that a sale is agreed with IAG, we will see the creation of jobs within our economy, our connectivity greatly enhanced and the future of the airline secured in what is an increasingly consolidating sector. This decision was taken after many months of deliberation and negotiation, which saw a number of hard won guarantees being secured. I have no doubt that Aer Lingus, as part of IAG, will be in a much stronger position for the future allowing the company to expand and develop in the months and years ahead.”

 

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