Bertie Ahern (Dublin Central, Fianna Fail)

That is extreme left, even further left than I would ever dream of going. Deputy Higgins knows that none of that is fact. Aer Lingus wants to grow and maintain jobs. The staff and trade unions in Aer Lingus have no objection to equity being put into Aer Lingus. How it is structured and formed are concerns for them but the concept that Aer Lingus can stay as it is and not expand when aircraft cost €150 million is not a sustainable position. We must move into a world that allows the company to examine new opportunities it has identified.

The company has worked hard over the past few years to restructure under the survival plan. In case Deputy Joe Higgins forgets, Aer Lingus like many other airlines in the world almost went under a few years ago and that position was not just caused by the attack on 11 September. Because of trade unions, staff and Departments working with the company, that was turned around. What it needs and wants to do now is to grow back into its previous position. This arrangement will be carefully managed and organised with advisers, and the percentage of equity, the management structure on the other side, and what safeguards are required are all issues for discussion.

For the airline to build on what it has succeeded in doing during two difficult periods, one in 1993 and the other in 2001, it needs equity. To argue otherwise is to totally misrepresent the interests of the workers about whom Deputy Joe Higgins purports to be concerned.

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