Ahern defends decision to sell majority stake in Aer Lingus
19/05/2005 - 13:37:50The Taoiseach, Bertie Ahern, has defended the Government's decision to sell off a majority stake in Aer Lingus.
The part-privatisation was approved by the Cabinet yesterday as part of a package of aviation proposals that will also see a second publicly-owned terminal built at Dublin Airport.
The move is designed to raise the funds needed for the airline to expand.
Speaking about the decision this morning, Mr Ahern said it would allow Aer Lingus to grow.
"The right thing to do for anyone who cares genuinely about Aer Lingus and the development of Aer Lingus is to allow equity to be put in," he said.
"The last management team felt that, the present board feel that and the trade unions aren't opposed to it."
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