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Ryanair to contest CMA order to cut its stake in Aer Lingus

2015-06-11 17:16:26| Airlines - Topix.net

Dublin-based budget airline Ryanair has vowed to fight a ruling by the UK's competition authority that it must slash its stake in Irish rival Aer Lingus -The Competition and Markets Authority today issued a "final order" to the no-frills carrier to slash its 29.8% stake in Aer Lingus to just 5%. The CMA claims the holding is anti-competitive and allows Ryanair to "hold sway" over the future of Aer Lingus, which is currently the subject of a 1.4billion euro takeover approach by British Airways parent group International Airlines Group .

Tags: order cut contest stake

 

UK rules Ryanair must dump shares in Irish rival Aer Lingus

2015-06-11 17:16:25| Airlines - Topix.net

A Tuesday, Jan. 27, 2015 photo from files showing Aer Lingus planes standing on the tarmac with a Ryanair plane at Dublin airport, Ireland. Britain's competition watchdog said Thursday, June 11, 2015, that Ryanair must sell its shares in Irish rival Aer Lingus, but Europe's dominant budget airline has dismissed the ruling and vows to appeal.

Tags: rules shares irish dump

 
 

Ryanair told to sell Aer Lingus stake

2015-06-11 10:20:25| BBC News | Business | UK Edition

Low-cost airline Ryanair has been ordered to sell most of its shares in its Irish rival Aer Lingus by the Competition watchdog.

Tags: sell told stake aer

 

Ryanair passenger changes name by deed poll because it's cheaper ...

2015-06-05 18:38:13| Airlines - Topix.net

A smart-thinking student changed his name by deed poll and bought a new passport - because it was cheaper than paying the fee to amend his Ryanair booking . But when her dad booked his Ryanair flight under the name 'Adam West', he realised it was going to cost him A 220 to change his details - double the price of the original flight.

Tags: its poll passenger cheaper

 

Ryanair will have an important say in the takeover bid for Aer Lingus

2015-05-27 14:56:22| Airlines - Topix.net

International Airlines Group chief Willie Walsh said he expects Ryanair to act in a "rational way" to its takeover bid for Irish flag carrier Aer Lingus. The British Airways owner will make a formal offer within the next 28 days for Ryanair's near 30% stake in Aer Lingus.

Tags: important bid takeover aer

 

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