I very much agree with Senator Michael Mullins. Contrary to much of the poppycock we have heard from previous speakers about Aer Lingus, the proposed deal is a good one.

The Senator should tell that to the pensioners whose pension fund has been cut by 60%.

Some €150 million was put into the pension fund earlier this year.

That was done to fatten up Aer Lingus for sale. The pensioners had their income cut by 60% and 80 year old former employees are to receive six weeks pay.

Under the deal, 635 new jobs will be created by 2020, of which 150 will be created next year. Senator David Cullinane described the guarantees as worthless. They will be written into the articles of association. One cannot have more than that.

There is a question mark over the legality of that proposal.

The Senator need not worry. If the guarantees are written into the articles of association, they will stand up. In addition, four new transatlantic services are planned. All of the airports affected have expressed support for the deal. To echo the words of Senator Michael Mullins, do opponents of the sale want a hostile takeover of Aer Lingus?

The International Airlines Group has stated it is not interested in a hostile takeover.

With respect, the Senator should drop the cute hoorism of his party's old guard and speak straight on this issue.

Will €340 million be returned to the pensioners who took a 60% cut in their pension in order that the sale could proceed?

Does Senator Paul Coghlan have a question for the Leader?

I will short-circuit this discussion by supporting calls for the Leader to arrange a debate on the issue. Senators will be able to straighten the matter in a proper debate.