Monday, July 23, 2012

Irish exporters urge government not to sell Aer Lingus | Irish News and Politics spanning the US, Ireland and the World | IrishCentral

Irish exporters urge government not to sell Aer Lingus | Irish News and Politics spanning the US, Ireland and the World | IrishCentral: "The Irish Exporters Association have expressed concern that the sale of the Irish government’s share in Aer Lingus would severely curtail Ireland’s ability to transport air cargo to and from the US, the Irish Examiner reports.

Aer Lingus currently carries goods that amount to 52% of Irish exports to the US, and 43% of US imports to Ireland, according to the Examiner. €18 billion of the over €22 billion import/export industry between the countries lies in pharmaceutical and medical technology, which must be exported by air.

Ryanair has expressed interest in the government’s quarter-share of the airline. "

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