Luxury Government jet sold for €420k now worth €5m

A luxury government jet sold to a US firm two years ago for less than €420,000 is now insured for $5m (€4.7m) and has recently flown from New York to Paris and Barbados.

Luxury Government jet sold for €420k now worth €5m
Fri, 27 Jan, 2017 - 00:00
Fiachra Ó Cionnaith

The disclosures came at a public accounts committee hearing yesterday, amid continuing concerns the taxpayer needlessly lost out when the plane was sold in January 2015.

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CourtsGovt spendingGovernmentSpendinggovernment jetSalesPlace: USPlace: New YorkPlace: ParisPlace: BarbadosPlace: AllentownPerson: Maurice QuinnPerson: David CullinanePerson: CullinanePerson: Alan KellyPerson: Catherine ConnollyPerson: QuinnPerson: Noel RockPerson: Bobby AylwardOrganisation: Luxury GovernmentOrganisation: Journey AviationOrganisation: Department of DefenceOrganisation: Sinn FéinOrganisation: Fine GaelOrganisation: Fianna Fáil
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