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Irish government to sell Aer Lingus to Etihad Airways?

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The Irish government's shares in Aer Lingus look set to be the first state asset to be sold to furnish the country's debt.

Man City sponsors Etihad Airways are odds-on with Paddy Power at 4/6 to snap up the Irish Government’s 25% share in Aer Lingus.

Paddy Power have also cut the odds on the government’s share in Aer Lingus becoming the first state asset to be sold from 2/1 to 11/10 after it emerged the Abu Dhabi based airline were in talks with the Irish airline to seal a deal.

Bord na Mona is the second mostly likely state asset to be sold at 4/1 followed by forestry company Coillte at 6/1, Cork airport at 10/1 and Bord Gais also at 10/1.

Sharon McHugh, spokesperson for Paddy Power, told Bettingpro: 

“It was beginning to look like a buyer would never come along for the state share in Aer Lingus but all the signs look positive now for a Middle Eastern deal.”  

Will the Government accept an offer from Etihad?    
 4/6     yes
11/10    no

First State Asset to be sold    
11/10    State share of Aer Lingus
 4/1     Bord na Mona
 6/1     Coillte
10/1     Cork Airport
10/1     Shannon Airport
10/1     Bord Gais Eireann
11/1     Dublin Airport
12/1     Iarnrod Eireann
12/1     Irish National Stud
14/1     ESB
20/1     An Post
20/1     Dublin Port Authority
20/1     EirGrid
25/1     Dublin Bus
25/1     RTE
25/1     Bord na gCon
28/1     Horse Racing Ireland
33/1     National Lottery
40/1     TG4
50/1     NAMA

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Irish government to sell Aer Lingus to Etihad Airways?

The Irish government's shares in Aer Lingus look set to be the first state asset to be sold to furnish the country's debt.

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