Menu
28/05/2015
SF Hits Out At FF Over Sale Of Aer Lingus
Sinn Féin has hit out at Fianna Fáil over the sale of Aer Lingus.
Laois and Offaly TD, Brian Stanley, said that Fianna Fáil had initiated the privatisation of Aer Lingus in 2006 when they placed 75% of its shares on the stock exchange.
Deputy Stanley said: "While Seán Fleming and Fianna Fáil accuse the Government of being unpatriotic by agreeing to sell off Aer Lingus, they seem to forget that it was they who set this in train. Indeed, their sale of 75% of the company probably brought in less money than the Government intends to sell the remaining 25% state share holding for.
"Fianna Fáil were planning to sell off other state assets including Coillte, and were responsible for the sale to Greencore of the Irish Sugar Company in 1991. That ended with the closure of the entire sugar sector in 2006 when Greencore closed the Carlow sugar factory as part of a property speculation.
"Not only did that cost hundreds of jobs, and impact hundreds of beet growers, but it also led to the Greencore shareholders taking the lion's share of compensation money intended for the growers."
(CD)
Laois and Offaly TD, Brian Stanley, said that Fianna Fáil had initiated the privatisation of Aer Lingus in 2006 when they placed 75% of its shares on the stock exchange.
Deputy Stanley said: "While Seán Fleming and Fianna Fáil accuse the Government of being unpatriotic by agreeing to sell off Aer Lingus, they seem to forget that it was they who set this in train. Indeed, their sale of 75% of the company probably brought in less money than the Government intends to sell the remaining 25% state share holding for.
"Fianna Fáil were planning to sell off other state assets including Coillte, and were responsible for the sale to Greencore of the Irish Sugar Company in 1991. That ended with the closure of the entire sugar sector in 2006 when Greencore closed the Carlow sugar factory as part of a property speculation.
"Not only did that cost hundreds of jobs, and impact hundreds of beet growers, but it also led to the Greencore shareholders taking the lion's share of compensation money intended for the growers."
(CD)
Related Irish News Stories
Click here for the latest headlines.
19 October 2007
Ryanair Hits Out As Aer Lingus Takes Flight
With Aer Lingus proceeding with its plan to close the Shannon-Heathrow route and open a new Belfast hub instead, its biggest rival (and ironically, its biggest shareholder), Ryanair is now set to provide three additional daily flights to London to ensure Shannon Airport's capacity and traffic does not fall as a result of this Aer Lingus closure.
Ryanair Hits Out As Aer Lingus Takes Flight
With Aer Lingus proceeding with its plan to close the Shannon-Heathrow route and open a new Belfast hub instead, its biggest rival (and ironically, its biggest shareholder), Ryanair is now set to provide three additional daily flights to London to ensure Shannon Airport's capacity and traffic does not fall as a result of this Aer Lingus closure.
05 November 2013
Concerns Raised Over Threatened Aer Lingus Strike
Fianna Fáil Spokesperson on Transport and Tourism, Timmy Dooley TD, has voiced his concern at the news that 91% of IMPACT cabin crew members at Aer Lingus voted in favour of industrial action.
Concerns Raised Over Threatened Aer Lingus Strike
Fianna Fáil Spokesperson on Transport and Tourism, Timmy Dooley TD, has voiced his concern at the news that 91% of IMPACT cabin crew members at Aer Lingus voted in favour of industrial action.
02 June 2009
Ryanair Flies Low
The budget airline Ryanair has revealed financial returns showing a major nosedive in operating profits. Ryanair plunged into the red by €169.2 million (£145.9m) in the year to March after being hit with a 59% hike in its fuel bill.
Ryanair Flies Low
The budget airline Ryanair has revealed financial returns showing a major nosedive in operating profits. Ryanair plunged into the red by €169.2 million (£145.9m) in the year to March after being hit with a 59% hike in its fuel bill.
05 November 2012
Aer Arann To Suspend Services From Waterford Airport
Aer Arann, operating as Aer Lingus Regional, is to suspend its services at Waterford Airport with effect from 6 January, 2013. The routes affected will be Aer Lingus Regional services from Waterford Airport to London Southend, London Luton and Manchester. The airline will continue to operate as normal from Waterford up to 6 January, 2013.
Aer Arann To Suspend Services From Waterford Airport
Aer Arann, operating as Aer Lingus Regional, is to suspend its services at Waterford Airport with effect from 6 January, 2013. The routes affected will be Aer Lingus Regional services from Waterford Airport to London Southend, London Luton and Manchester. The airline will continue to operate as normal from Waterford up to 6 January, 2013.
17 January 2011
Arann Flies To Scotland With Aer Lingus
Aer Lingus and Aer Arann have announced plans for a new route from Shannon to Edinburgh as part of the franchise agreement between the two airlines. From 27 March, Aer Lingus Regional, operated by Aer Arann, will provide flights to Shannon from Edinburgh five days a week.
Arann Flies To Scotland With Aer Lingus
Aer Lingus and Aer Arann have announced plans for a new route from Shannon to Edinburgh as part of the franchise agreement between the two airlines. From 27 March, Aer Lingus Regional, operated by Aer Arann, will provide flights to Shannon from Edinburgh five days a week.
-
Ireland WeatherToday:Showers today, occasional north and west of Lough Neagh, but only a few isolated light outbreaks expected for Belfast and county Down where the best of the winter sunshine is expected. West to northwest winds brisk around the coasts. Maximum temperature 10 °C.Tonight:Showers focused across northern areas of the Province, with most in the south staying dry, with a frost developing for many here. Northwest winds fresh around the coasts. Minimum temperature 0 °C.
