Varadkar willing to sell Aer Lingus holding

TRANSPORT Minister Leo Varadkar says he would have no difficulty selling the state’s 25% shareholding in Aer Lingus provided he got a good price for it.

Mr Varadkar said the sale of the stake was “certainly under consideration” but that no final decision had been made.

Ryanair said it would not bid for the Government’s 25% stake if the Government said its bid was not welcome. It also said in those circumstances it would consider selling its own near 30% holding to a third party.