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Old 10th Sep 2011, 13:57
  #546 (permalink)  
ayroplain
 
Join Date: Sep 2005
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DAA sell off?

I've just been perusing the indicated sale value of State assets as published in last week's papers. In the area of Transport from a taxpayers' viewpoint there is no point in the State selling its holding in Aer Lingus right now as it is only worth buttons but the DAA (I presume this includes Cork and Shannon) is worth just under a billion. That's reasonably serious money in the light of the predicament Ireland is in. Hopefully, they will start that process soon making sure that Dublin is sold on the basis of competing terminals. Not holding my breath though as the nonsensical aviation political baggage that has plagued the country since its foundation which I thought the incoming new Government would quickly discard doesn't look like being ditched anytime soon.
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