Aer Lingus CEO says management has no buy-out plans

The chief executive of Aer Lingus has insisted there are no plans for a management buy-out of the state airline.

Willie Walsh has told the Oireachtas Committee on Transport that he has no intention of changing the airline's name or discontinuing use of the shamrock emblem.

He said a request for a management buy-out has been withdrawn after discussions with the Department of Transport.