Thursday 8 December 2016

Donohoe says €1.4bn Aer Lingus sale bid report not yet completed

Daniel McConnell and Caroline Crawford

Published 18/04/2015 | 02:30

Transport Minister Paschal Donohoe has rejected suggestions that the Government’s working group has submitted a report to him about the sale of Aer Lingus
Transport Minister Paschal Donohoe has rejected suggestions that the Government’s working group has submitted a report to him about the sale of Aer Lingus

Transport Minister Paschal Donohoe has rejected suggestions that the Government's working group has submitted a report to him about the sale of Aer Lingus.

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There was building expectation last night that the deal would be done within the next 14 days, with Taoiseach Enda Kenny suggesting that deadline.

It had been reported that the Government's interdepartmental group of senior civil servants were close to issuing a recommendation to Mr Donohoe to sell the airline.

However, Mr Donohoe - speaking at an event in Dublin yesterday - said he had not yet received a final report and was not in a position to bring a recommendation to Cabinet.

He said: "I have not received a final reports from the interdepartmental group. When I do receive them, they will then give me a basis to make my decision."

He said the commercial review of the value of the slots at Heathrow was not yet complete, despite some informed suggestions to the contrary.

Speaking earlier, the Taoiseach echoed Mr Donohoe's comments.

He said: "The Minister for Transport has been dealing with this on a very regular basis. He's not in a position yet to come to Government with a final recommendation and he said he would hope to be able to do that in the next couple of weeks. So, obviously, there are still discussions taking place."

Irish Independent

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