AER ARANN HOLDS EARLY TALKS WITH TWO IRISH INVESTORS

Date Published: 08-Aug-2009

Galway-based airline, Aer Arann is said to be in 'preliminary' talks with investors about funding for the company.According to today's Irish Times, owner Pádraig Ó Céidigh says he would reliquish majority control of the company, if it's in its best interests.The comments follow reports earlier this week that Aer Arann was seeking a 10 million investment in the company.