State’s airline stake could net €100m

The Government could make over €100m on its Aer Lingus holding after NCB Stockbrokers targeted a 30% increase in the share price — 33c more than the Government’s €1 each minimum share sale price.

NCB stockbrokers issued an advisory note to buy Aer Lingus shares, which it predicted could rise as high as €1.33.

NCB said the pension fund issue should not be an obstacle to any buyout of the company.