Employee shareholders to call EGM after withdrawal decision

ONE of the biggest shareholders in Aer Lingus is to hold an extraordinary general meeting amid member fears over the financial savvy of the decision to withdraw from the Shannon-Heathrow route.

The Aer Lingus Employee Share Ownership Trust (ESOT) is expected to consider uniting with other shareholders in demanding a reversal on the decision, on which it was not consulted.

The employees holds an almost 15% stake and are one of the biggest shareholders, after Ryanair and the Government.