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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 .
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.
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.
Ireland votes through Aer Lingus deal
2015-05-28 21:49:02| BBC News | Business | UK Edition
The Republic of Ireland's parliament has approved the sale of the nation's 25% stake in Aer Lingus to British Airways owner, IAG.
Ireland accepts Aer Lingus offer as IAG agrees to continue slots at Heathrow
2015-05-28 13:17:00| Airport Technology
The Irish Government has agreed to sell its stake in budget airlines Aer Lingus to International Airlines Group (IAG) after the latter accepted certain conditions imposed by the country.
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