Kieran O'Donnell (Limerick City, Fine Gael) | Oireachtas source

I thank the Minister for his response. He referred to preserving connectivity and the Heathrow slots. The 25.1% stake was retained in Aer Lingus by the State for that very purpose. He also stated, “Following a third hostile takeover bid for Aer Lingus by Ryanair, the Government indicated it would not be prepared to sell the shareholding in circumstances which could significantly impact on competition and connectivity in the Irish market.” At the time, it was reported that Ryanair would divest its Heathrow slots to British Airways, BA, which is involved in IAG, International Airlines Group. The State must use its 25.1% stake to ensure connectivity is retained for the region. It is not just about the sale proceeds. It is about Ireland Inc. We are an island nation that needs connectivity. Thousands of jobs along the western seaboard and Limerick are reliant on foreign direct investment and connectivity to Heathrow airport. Will the Minister give a commitment that the 25.1% stake will be used to ensure the Heathrow slots are retained for Shannon and Cork Airports?

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