Ireland’s exporters have asked the government to withdraw the sale of its 25 per cent stake in Aer Lingus since it would have a direct impact on the country’s exports to the US. The Irish Exporters Association believe that those who buy the 25 per cent stake will be unable to offer reliable air cargo facility to the US. Aer Lingus carries about 52 per cent of Irish exports and 43 per cent of all imports from the US on its daily flights.
With Ryanair showing interest in taking the 25 per cent stake, John Whelan, chief executive of the exporters association pointed out that “Ryanair have a policy of not handling air cargo across their entire fleet. If they succeed in buying this stake they are likely to drop air cargo handling”.