Dáil debates

Thursday, 6 July 2006

Disposal of Shares in Aer Lingus Group plc: Motion.

 

3:00 pm

Photo of Kathleen LynchKathleen Lynch (Cork North Central, Labour)

This is a company which, if it has to expand, has two ways of doing so. It could borrow or the Government could invest in it. There is nothing stopping the Government investing in it but the only argument that is accepted is that it has to be sold. This is the only time a profitable, well run, slimmed down State sector company has had to be sold, and we all know what will happen. The carpetbaggers will come in and stop it.

As for the poor pensioners, they are being sold a pup. When they realise that the profits from this venture are going into the general coffers, with none of them being directed towards solving their pension problem, I hope Deputy Glennon will be knocking on doors to explain it to them.

Comments

No comments

Log in or join to post a public comment.