Results 27,781-27,800 of 32,961 for speaker:Paschal Donohoe

Aer Lingus Share Disposal: Motion (Resumed) (28 May 2015)

Paschal Donohoe: --- referred yesterday to the Nyras report and claimed that it was commissioned last February by Aer Lingus and IAG. It was nothing of the sort. Deputy Martin either did not know the facts, which shows a shameful inadequacy on his behalf as leader ---

Aer Lingus Share Disposal: Motion (Resumed) (28 May 2015)

Paschal Donohoe: ---or did know and misled the House. The work of Nyras was commissioned solely by Aer Lingus. It had nothing to do with IAG and it has nothing to do with the deal currently being debated by this House.

Aer Lingus Share Disposal: Motion (Resumed) (28 May 2015)

Paschal Donohoe: Deputy Martin’s contribution was only matched in its absurdity by another claim from a Fianna Fáil Deputy who said the following about Aer Lingus: “tomorrow it will be owned by the Arabs”. That is complete nonsense.

Aer Lingus Share Disposal: Motion (Resumed) (28 May 2015)

Paschal Donohoe: Fianna Fáil now stands separate to every major business organisation in this country in not welcoming this deal. The party that bankrupted our country-----

Aer Lingus Share Disposal: Motion (Resumed) (28 May 2015)

Paschal Donohoe: -----is now bankrupt of economic vision or any long term economic plan. To quote their former party colleague-----

Aer Lingus Share Disposal: Motion (Resumed) (28 May 2015)

Paschal Donohoe: -----Senator Averil Power-----

Aer Lingus Share Disposal: Motion (Resumed) (28 May 2015)

Paschal Donohoe: If ever we needed evidence that proves her right, we have seen it in the last few weeks. As she said, Fianna Fáil is "unfit to govern".

Aer Lingus Share Disposal: Motion (Resumed) (28 May 2015)

Paschal Donohoe: As for Sinn Féin, the same old tired proposals were brought out again: nationalise the airline-----

Aer Lingus Share Disposal: Motion (Resumed) (28 May 2015)

Paschal Donohoe: Let us look at the proposals from Sinn Féin to nationalise the airline-----

Aer Lingus Share Disposal: Motion (Resumed) (28 May 2015)

Paschal Donohoe: -----nationalise the banks; nationalise everything that moves.

Aer Lingus Share Disposal: Motion (Resumed) (28 May 2015)

Paschal Donohoe: How, I wonder, would we pay for all of these nationalisations?

Aer Lingus Share Disposal: Motion (Resumed) (28 May 2015)

Paschal Donohoe: I thank all Deputies for their contributions. We have had a very long and important debate on this very important decision and I have been here for nearly all of it. I am aware of the importance of this decision like everybody else in this Chamber. This sentiment is not confined to the Opposition benches but is something every member of this Government understands. We appreciate the very...

International Renewable Energy Agency: Motion (28 May 2015)

Paschal Donohoe: I move:That the Order of Dáil Éireann of 14th May, 2015 referring the proposal that Dáil Éireann approves the terms of the Statute of the International Renewable Energy Agency (IRENA), done at Bonn, Germany on 26th January, 2009, to the Select sub-Committee on Communications, Energy and Natural Resources, be amended by the deletion of ‘28th May, 2015’ and the...

Companies Act Regulations: Motion (28 May 2015)

Paschal Donohoe: I move:That Dáil Éireann approves the following Regulations in draft:Companies Act 2014 (Section 1313) Regulations 2015,copies of which have been laid in draft form before Dáil Éireann on 8th May, 2015.

Comptroller and Auditor General (Amendment) Bill 2015: First Stage (28 May 2015)

Paschal Donohoe: No.

Written Answers — Department of Transport, Tourism and Sport: Departmental Agencies Staff Recruitment (28 May 2015)

Paschal Donohoe: In relation to the vacancies concerned, sanction was received from the Department of Public Expenditure and Reform to fill these posts and the jobs are being advertised on the website. In relation to the recruitment process, ​this is an operational matter for Fáilte Ireland and I have referred the question to Failte Ireland for reply and further...

Written Answers — Department of Transport, Tourism and Sport: Irish Airlines Superannuation Scheme (28 May 2015)

Paschal Donohoe: Pension schemes are closely regulated under Irish and European law and the Pensions Authority is the national statutory regulatory authority in Ireland. ​Responsibility for the management of the IASS pension fund rests with the Trustees of the Scheme and I have no function in this regard.

Aer Lingus Share Disposal: Motion (27 May 2015)

Paschal Donohoe: I want to address each of the principles contained in the Dáil resolution. The first provides that the Minister for Finance may dispose of all but one part of the remaining minority shareholding in Aer Lingus under the offer or any renewed or revised offer made by IAG on the same or improved terms. This is to facilitate the retention of one share which would be redesignated as a B...

Aer Lingus Share Disposal: Motion (27 May 2015)

Paschal Donohoe: As the B shareholder, the Minister for Finance would have no rights to dividends or votes at general meetings. The steering group has received detailed financial advice from its advisers on the question of price. The financial advisers have considered a range of valuation methodologies which they consider to be relevant. The steering group has concluded that a price of €2.50 is...

Aer Lingus Share Disposal: Motion (27 May 2015)

Paschal Donohoe: Furthermore, it is noted that Aer Lingus's current collective agreements provide for flexibility and mobility throughout its workforce without unduly restricting other possible approaches. The company's stated position that having clear registered employment agreements, REAs, which safeguard the respective interests of employees and the company is mutually beneficial is noted, as is its...