Aer Lingus CEO, Christoph Mueller believes the Irish Government is currently planning to sell its 25% stake in the carrier, stating the government sees the stake as a “short term” investment (Independent.ie, 20-Sep-09). Mr Mueller also stated that the carrier has no plans for a rights issue and is not planning to sell off the airline, but may consider a partnership. Aer Lingus plans to “drastically” cut services and look for new sources of revenue. Ryanair has not responded to the reports.
Aer Lingus believes Irish Government planning to sell its 25% stake
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