Aer Lingus sale puts economies of Cork, Limerick and Shannon at risk

Ireland’s regional economies risk being cut off from inward investment and face potential job growth devastation if the Aer Lingus sale to IAG goes through.

Aer Lingus sale puts economies of Cork, Limerick and Shannon at risk

That was the claim made by business representatives from Cork, Limerick, and Shannon’s chambers of commerce during a three-hour meeting with TDs yesterday, warning that the possible deal must only be accepted if “legally binding cast-iron guarantees” are enshrined to protect otherwise vulnerable regional hubs.

Speaking at the Oireachtas transport committee, representatives of Aer Lingus workers warned that 1,200 people — one in four of the airline’s workers — could lose their jobs if the Government agrees to sell its 25.11% stake to IAG for €340m.

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