SIPTU slams proposed Ryanair takeover of Aer Lingus
The main trade union at Aer Lingus has slammed Ryanair's announcement this morning that it is launching a formal takeover bid for the airline.
SIPTU president Jack O'Connor said today that the proposed buy-out would be bad for the country and vindicated the union's stance in opposing privatisation.
He also said the Government should have seen the move coming when it decided to sell Aer Lingus to private investors.
The Labour Party, meanwhile, has called on the Fianna Fáil-Progressive Democrats coalition to state what steps it intends to take to protect Aer Lingus from the takeover.
Party spokesperson Roisín Shorthall has described the Ryanair move as "a potentially disastrous development for the Irish travelling public".
She says it is exactly the sort of the situation the Labour Party warned could arise from the "ill-judged and unnecessary" decision to privatise the national airline.
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