Aer Lingus Reaches For A Star

Published August 5th, 2008 in Aer Lingus and Aviation, Corporate Ireland, Economy, Social Partnership, Transport

HAS the board of Aer Lingus gone walkabout?

The wobbly old airline, just out of the warm womb of public ownership, carrying baggage galore, has betrayed its semi-state ancestors. Burdened by a bombed-out share price, struggling with soaring fuel costs and rooted in a crumbling island economy, Aer Lingus faces a grim future. Worst of all, its steadfast chairman, John Sharman, is perched in the departure lounge, quitting at a time of crisis for the airline industry.

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