IBEC welcomes Aer Lingus announcement

The business and employers group IBEC today welcomed the announcement by the Minister for Transport Martin Cullen and Aer Lingus that the Aer Lingus IPO is to proceed in the coming weeks.

IBEC welcomes Aer Lingus announcement
Mon, 28 Aug, 2006 - 16:33

The business and employers group IBEC today welcomed the announcement by the Minister for Transport Martin Cullen and Aer Lingus that the Aer Lingus IPO is to proceed in the coming weeks.

The partial privatisation will provide funding for the airline's fleet upgrade and replacement programme, which could entail expenditure of over €2bn.

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