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Everyone’s talking about…
The sale of Aer Lingus is dominating headlines today, with the government expected to rubber-stamp the IAG deal.
Fianna Fáil is calling for the vote on selling the State’s 25.1% stake in the airline to be delayed.
There were very angry scenes in the Dáil yesterday as TDs debated the issue.
Fianna Fáil leader Micheál Martin accussed Enda Kenny of treating the house with “contempt” and trying to “ram through” the deal.
Independent TD Clare Daly, meanwhile, accused the coalition of hitting “a new low“.
In a heated exchange during Leaders’ Questions, Martin brought up a report commissioned by Aer Lingus that recommends cutting jobs among pilots, cabin crew and catering staff. Several papers report this morning that the airline needs to make savings of at least €60 million.
The Taoiseach said neither he nor Transport Minister Paschal Donohoe had seen the report.
All Fine Gael and Labour TDs are expected to back the deal, bar Clare’s Michael McNamara – who is expected to be expelled from Labour for voting against it.
Sinn Féin’s Dessie Ellis had a stark warning for Labour yesterday, saying the party would be punished by voters if they backed the decision.
Stephen Kavanagh, Aer Lingus CEO, has written to the government to allay any fears the government might have about the deal. He assured that compulsory redundancies and outsourcing of jobs wouldn’t happen where savings can be made within the airline.
Kavanagh told Morning Ireland the €40 million savings target was put into the market long before IAG made its €1.36 billion bid (€2.55 per share).
When it was pointed out that he stands to make about €720,000 on his 282,000 shares if the deal goes through, he said the income would be “fully-taxable”.
Kavanagh said “outsourcing is not on the agenda” if efficiency is maintained, something he said is more likely if IAG takes over the airline.
Inside Leinster House
There were VERY heated exchanges in the lower house as TDs clashed over the Aer Lingus deal.
The agenda
What the others are saying
In case you missed it
On the Twitter machine
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Originally published: 9am
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