Dáil debates
Wednesday, 29 April 2015
Ceisteanna - Questions - Priority Questions
Aer Lingus Sale
9:50 am
Paschal Donohoe (Dublin Central, Fine Gael) | Oireachtas source
As I stated, this is a matter that I have not drawn to conclusion. The Government, through the Taoiseach and Tánaiste, has made clear that the main elements any guarantees would need to deliver, were such guarantees to be agreed by the Cabinet, would be that they would be robust, certain and have clear oversight mechanisms in place.
10 o’clock
The strength of those oversight mechanisms, put in place in the public interest, should mean the very issues to which the Deputy is referring would not arise.
However, I shall conclude by reminding the Deputy of something of which he is already aware. The prevailing conditions are such that the only legal protection the State has is in regard to the disposal of slots. That protection can be triggered only by the State using its shareholding in addition to prevailing upon other shareholders to vote with us to trigger the mechanism.
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