Dáil debates

Thursday, 6 July 2006

Disposal of Shares in Aer Lingus Group plc: Motion.

 

2:00 pm

Photo of Róisín ShortallRóisín Shortall (Dublin North West, Labour)

On top of that, the staff's significant concerns in respect of job security and terms and conditions are far from being resolved. The detail of the general principles before us is sketchy to say the least. One has to ask if the Minister, Deputy Cullen, understands the gravity of what he is proposing. As recently as 31 May, the Minister told the Joint Committee on Transport, "I clearly stated that the proceeds [of the IPO] are for investment in Aer Lingus". When pressed on this he went on to say, "The reason we are putting Aer Lingus on the market is so the proceeds will be invested in the company".

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