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Tag Archives: sale of aer lingus

Dáil votes to sell State’s shares in Aer Lingus

The Dáil has voted to sell the Government’s 25.1% stake in Aer Lingus to airline group IAG. Seventy four TDs voted in favour of the sale and 51 against. Labour TD for Clare Michael McNamara was the only Government TD to vote against the move. Deputy McNamara had said earlier in the day that he would not support the Government’s motion as selling the shares was “a gamble.” The Minister for Transport, Tourism and Sport, Paschal Donohoe TD, welcomed the Dáil’s approval of the General Principles of the disposal of the State’s minority shareholding in Aer Lingus to IAG, saying it is in the best interest of the company, the country and Ireland’s connectivity. “Dáil approval of the motion before it today allows for the disposal of the State’s minority shareholding in Aer Lingus to IAG. In the event that this sale transaction proceeds as agreed with IAG, we will see the creation of jobs within our economy, enhancement of …

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