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Sale of Aer Lingus is expected
26 May 2015 07:07
Today’s Cabinet meeting is expected to approve the sale of the State's 25% share at Aer Lingus.
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According to reports this morning, Government parties believe that they have won significant concessions from IAG, which is seeking to buy out Aer Lingus.
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IAG's latest promises hope to address the issues raised by the Government in its initial decision not to accept the bid for Aer Lingus when it was made six months ago.
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Minister for Transport Paschal Donohue has received a report from an expert group which is reportedly strongly in favour of the airline.
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The report concludes that the price offered by IAG is a fair one.
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