Updated 12.45

The Transport Minister says there is still some way to go in resolving the Aer Lingus pension fund issue.

It is after the company said it would reluctantly cough up an extra €150 million for the fund, and extra for deferred former employees.

An expert panel recommended both the former national flag carrier and workers needed to plug a hole in the fund.

But Minister Leo Varadkar says it is not resolved yet:

The airline says it accepts the report of an expert panel, which made recommendations on how to plug the gap in the pension fund Aer Lingus shares with the Dublin Airport Authority.

The dispute has already led to several threats of industrial action at the airline.

However, Aer Lingus shareholders, including Ryanair could look to block the deal.