Terence Flanagan
Question:270. Deputy Terence Flanagan asked the Minister for Transport, Tourism and Sport his views on the International Airlines Group, IAG, bid for Aer Lingus; and if he will make a statement on the matter. [9845/15]
View answerThursday, 5 March 2015
Questions (270)
Written answers
As Aer Lingus is in an 'offer period' under the Irish Takeover Rules, I am constrained in what I can say publicly on the matter, as these rules apply to significant shareholders in some regards as well as offerors and offeree companies during an offer period.
I briefed the Cabinet last week on the latest position in relation to the IAG proposal to make an offer for Aer Lingus and subsequently made a detailed statement clarifying the Government’s position on the matter. On 4 March the Government’s Inter Departmental Steering Group held a further meeting with representatives from International Consolidated Airlines Group (IAG), at their request.
In line with stated policy, the Government remains open to considering any improved proposal.