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Dáil Éireann Debate, Tuesday - 16 December 2008

Tuesday, 16 December 2008

Ceisteanna (207)

Fergus O'Dowd

Ceist:

263 Deputy Fergus O’Dowd asked the Minister for Transport if he will make a statement on his recent meetings with companies (details supplied). [46322/08]

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Freagraí scríofa

On 3 December, I accepted a request from the CEO of Ryanair, as a courtesy, for an informal meeting at which the CEO outlined, in general terms, the main features of their proposed cash offer for all shares in Aer Lingus.

On 11 December I agreed to meet with the CEO and Chairman of Aer Lingus who wished to convey to me their opposition to the Ryanair offer.

I did not indicate to either Ryanair or Aer Lingus any policy position in relation to the proposed takeover. The Deputy will be aware that both companies made public statements following the meetings.

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