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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.
According to reports this morning, Government parties believe that they have won significant concessions from IAG, which is seeking to buy out Aer Lingus.
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.
Minister for Transport Paschal Donohue has received a report from an expert group which is reportedly strongly in favour of the airline.
The report concludes that the price offered by IAG is a fair one.

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