Aer Arann likely to go PLC route

The 'Irish Examiner' reported this week that Aer Arann's chief Paul Schutz has confirmed that the airline will likely go public and could be sold. The report also indicated that the airline will return to profitability next year and may break even this year. Passenger numbers peaked at Aer Arann during 2008 at 1.25m. Paul Schutz has said the airline will carry between 800,000 and 900,000 this year.