The purchase of a major stake in Irish carrier Aer Lingus will be discussed between Etihad's Chief Executive Officer James Hogan and Ireland's Minister of Transport when the two meet before Monday, Gulf News has learned.
The meeting, likely to be held tomorrow, will try to resume talks which followed initial discussions in September.
Currently, the cash-strapped Irish government owns 25.1 per cent of Aer Lingus. After accepting a €95 billion (Dh443.65 billion) bailout from the European Central Bank and the International Monetary Fund in November 2010, Dublin has been forced to adopt a strict austerity programme — and its state-owned assets are under review for possible selloff.
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