Oireachtas Joint and Select Committees

Tuesday, 17 February 2015

Joint Oireachtas Committee on Transport and Communications

Proposed Sale of Aer Lingus: (Resumed) Aer Lingus and Stobart Air

5:00 pm

Mr. Stephen Kavanagh:

That is the basis of the proposal. IAG has also confirmed that the Aer Lingus brand will be retained. The brand is of value. We are at risk of underestimating the fact that IAG sees a valuable enterprise here. The State and Aer Lingus employees established a highly viable business over many years. What we have here is an ability to accelerate the growth available to that business for the benefit of all.

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