Oireachtas Joint and Select Committees

Wednesday, 19 June 2013

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Disposal of State Assets and Quarterly Review: Discussion with Minister for Public Expenditure and Reform

6:05 pm

Photo of Aodhán Ó RíordáinAodhán Ó Ríordáin (Dublin North Central, Labour) | Oireachtas source

Many of the questions have been asked, but if the Minister does not mind, I will go over a few points again about Aer Lingus, the stimulus and the potential merger of Coillte and Bord na Móna.

Instinctively, I welcome the decision on Aer Lingus. The Minister said that at the moment optimal conditions do not exist for a sale of the Government's remaining shareholding. Deputy Humphreys spoke about the competition considerations, and we want to maximise its value in time but in terms of influencing commercial policy at Aer Lingus, surely a 25% share is effectively useless.

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