Low share price putting companies off Aer Lingus

ONE of the world’s top airline chiefs believes no company would consider buying Aer Lingus while its share price is so low.

British Airways chief Willie Walsh who is a former chief executive of Aer Lingus, said the fact that the airline’s share price is “pretty static” at 65 cent says to him that “nobody is looking at it while that uncertainty exists”.

Mr Walsh was at the Global Irish Economic Forum yesterday, where businessman Denis O’Brien joined others in saying that Ireland needs to promote itself more abroad and build its confidence.