Aviation tycoon disposes of shares

Disgraced businessman and aviation tycoon, Tony Lyons has disposed of his entire shareholding in the profitable aviation firm he created, new documents show.

Filings just lodged with the Companies’ Office, show Lyons and his wife Eileen no longer have shares in the Dublin-based Santos Dumont aviation firm. Lyons did own 91% with his wife owning the remaining 9%.

Last July, Lyons, 51, was jailed for six months of a six-year prison term for sexually assaulting a 27-year-old woman in Dublin on Oct 3, 2010.