Aer Lingus Sale Near Approval | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-04.22.24

Airborne-Unlimited-04.16.24

Airborne-FlightTraining-04.17.24 Airborne-AffordableFlyers-04.18.24

Airborne-Unlimited-04.19.24

Join Us At 0900ET, Friday, 4/10, for the LIVE Morning Brief.
Watch It LIVE at
www.airborne-live.net

Wed, May 27, 2015

Aer Lingus Sale Near Approval

Report Presented To Government Says Offer Is 'Fair'

British Airways parent company IAG may soon be the owner of a 25 percent stake in Aer Lingus.

A report from the steering committee established by the Irish government to review the sale presented a report to the government Tuesday indicates that IAGs offer of $2.78 per share is a "fair price" for the 25 percent share currently owned by the state, according to Buying Business Travel.

Aer Lingus said earlier this year that it was willing to accept that price.

Irish Transport Minister Paschal Donohoe said that the government would “take great care and exercise great caution in examining the pros and cons to Ireland” of any offer.

If the deal is approved, it would still be subject to a vote in parliament, where there is reportedly still significant opposition to the sale. Ryanair would also be required to sell its 30 percent stake in Aer Lingus to gain final approval.

(Image from file)

FMI: www.dttas.ie

Advertisement

More News

Airborne 04.16.24: RV Update, Affordable Flying Expo, Diamond Lil

Also: B-29 Superfortress Reunion, FAA Wants Controllers, Spirit Airlines Pulls Back, Gogo Galileo Van's Aircraft posted a short video recapping the goings-on around their reorganiz>[...]

ANN's Daily Aero-Term (04.20.24): Light Gun

Light Gun A handheld directional light signaling device which emits a brilliant narrow beam of white, green, or red light as selected by the tower controller. The color and type of>[...]

Aero-News: Quote of the Day (04.20.24)

"The journey to this achievement started nearly a decade ago when a freshly commissioned Gentry, driven by a fascination with new technologies and a desire to contribute significan>[...]

Aero-News: Quote of the Day (04.21.24)

"Our driven and innovative team of military and civilian Airmen delivers combat power daily, ensuring our nation is ready today and tomorrow." Source: General Duke Richardson, AFMC>[...]

ANN's Daily Aero-Term (04.21.24): Aircraft Conflict

Aircraft Conflict Predicted conflict, within EDST of two aircraft, or between aircraft and airspace. A Red alert is used for conflicts when the predicted minimum separation is 5 na>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2024 Web Development & Design by Pauli Systems, LC