Aer Lingus confirmed the appointment of Merrion Capital and Goldman Sachs as its advisers to assist in the privatization process recently initiated by the Irish government. New investment is essential to fund fleet acquisition and other development expenses required to underpin growth in both the medium and long term, the Irish state-owned airline stressed in a statement.

Subscribe to Access this Entire Article

"Other News - 11/07/2005" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.

Already registered? here.