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-10.27.25

AirborneNextGen-
10.28.25

Airborne-Unlimited-10.29.25

Airborne-Unlimited-10.30.25

AirborneUnlimited-10.17.25

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

A ‘Crazy’ Tesla Flying Car is Coming

Musk Claims the Tech Could Be Unveiled Within a Couple of Months Elon Musk is once again promising the impossible…this time, in the form of a Tesla that flies. Speaking on T>[...]

ANN's Daily Aero-Term (11.xx.25): NonApproach Control Tower

NonApproach Control Tower Authorizes aircraft to land or takeoff at the airport controlled by the tower or to transit the Class D airspace. The primary function of a nonapproach co>[...]

Aero-News: Quote of the Day (11.01.25)

"It was pretty dang cool to be in a tube-and-fabric bush plane that high, and it was surreal hearing airline pilots over ATC wondering what a Cub was doing up there. The UL is trul>[...]

ANN's Daily Aero-Linx (11.01.25)

Aero Linx: Lake Amphibian Club Over the years the cost of a new Skimmer or Lake went from about $16,000 to over $500,000 for many reasons. Sales of Renegades have been very sparse >[...]

Classic Aero-TV: EAA Introduces Angle of Attack Training

From 2024 (YouTube Edition): Clinic Aimed to Promote Safe Aircraft Control The EAA Pilot Proficiency Center hosted an angle of attack (AOA) training clinic during the 2024 Oshkosh >[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2025 Web Development & Design by Pauli Systems, LC