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Aer Lingus charter sale nets €11m

Aer Lingus - Sells 20% Futura stake
Aer Lingus - Sells 20% Futura stake

Aer Lingus has sold its 20% stake in charter airline Futura for €11.3m.

The airline had sold its majority stake in the Spanish-registered business in 2002 as part of its strategy to withdraw from non-core activities.

The sale is part of a deal which involves the purchase of the whole of Futura by UK private equity group Hutton Collins and management.