In flight?

After lengthy deliberations, the Irish government eventually decided last year that the state airline would be partially privatized. The timing and exact nature of the floatation of the company, however, remain uncertain.
The Irish Independent last week made public the conclusions of a report by UBS and AIB Capital Markets, two firms that have been retained by the Irish government to advise on the sale.
According to the newspaper, the advisors’ report says that the airline as a whole has a value of around