Sorry, she's changed her mind again. It's not for sale anymore...the IPO is back on again...and off again...and on again...
The Government remains in favour of floating Aer Lingus on the Stock Exchange, the Minister for Public Enterprise said yesterday. Speaking ahead of a report from advisers on the national airline's future Ms O'Rourke told RTÉ the firm would only be floated "when the market is right".
She added that the international environment was negative for airline stocks, and that it would be a "very bad time to go to market". The Minister said the general aviation industry internationally has deteriorated. The Minister still insisted the Government had taken a formal decision to float the airline and that would not change.
(Full text from Irish Times 16th July
HERE )
[ 16 July 2001: Message edited by: CaptSensible ]