Dáil Éireann debate -
Wednesday, 20 Feb 1991

Vol. 405 No. 4

Written Answers. - State Investment in Aer Lingus.

Ivan Yates

Question:

129 Mr. Yates asked the Minister for Tourism, Transport and Communications if he will assess the financial vale of the Government's shareholding in Aer Lingus; and if he has any proposals to introduce employee shareholding options, or the sale of any shares in the company.

Minister for Tourism, Transport and Communications (Mr. S. Brennan)

The value of the State's investment in Aer Lingus as shown in the latest published accounts for the financial year ended 31 March, 1990 was £442.23 million. There are no plans to introduce employee shareholding options or to sell any shares in the company.