Robert Troy (Longford-Westmeath, Fianna Fail)
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To ask the Minister for Transport, Tourism and Sport his intentions regarding the State's holding in Aer Lingus; and if he will make a statement on the matter. [45177/12]

Leo Varadkar (Dublin West, Fine Gael)
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The Deputy's question relates to the State's shareholding in Aer Lingus.

As the Deputy is aware the State's shareholding in Aer Lingus is one of the assets included in the State Asset's Disposal Programme.  The Steering Group established to implement the Government Decision on the sale of the shareholding is chaired by my Department and comprises representatives from the Department of Finance, the Department of Public Expenditure and Reform and NewERA.

The Steering Group is considering the options for the sale of the State’s shareholding and the optimum timing of a sale.