Ryanair Is Forced To Sell Down Aer Lingus Stake

By Jens Flottau
Source: Aviation Week & Space Technology
September 02, 2013

Aer Lingus is a big step closer to being the independent airline it wants to be. But the fight with its unwanted shareholder, Ryanair, is likely to continue.

As expected by most observers and the airlines themselves, the U.K. Competition Commission (UKCC) last week ordered Ryanair to sell down its 29.8% stake in the Irish carrier to address long-standing concerns about the impact of the current structure on competition on routes between Ireland and the U.K. While Aer Lingus welcomes the UKCC final report, Ryanair CEO Michael O'Leary says his company will launch an appeal.

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