High Court approves Aer Arann rescue plan

The High Court has today approved a rescue plan for Aer Arann, allowing the airline to come out of examinership.

The High Court has approved a rescue plan for Aer Arann, allowing the airline to come out of examinership.

This evening at the High Court Ms Justice Mary Finlay Geoghegan said that she was satisfied to approve the a scheme of arrangement prepared by the airline's examiner, Michael McAteer of Grant Thornton, once certain modifications are made to the scheme.