Menu
27/02/2013
EU Block Ryanair In Third Attempt To Buy Aer Lingus
Ryanair’s third attempt to buy Aer Lingues has again been blocked by European Union antitrust regulators.
Following the Eu executive vetoing the airlines first attempt in 2009, the regulator have again said the bid could hurt competition and lead to higher prices for passengers.
Ryanair had already flagged the European Commission's rejection of the €694m bid for Aer Lingus earlier this month.
The EU Commission said that the merger would harm consumers by creating a dominant company on 46 routes where the carriers are currently competing.
Ryanair has said it will appeal the ruling, saying it was a "political decision" bowing to the interests of the government, which holds a 25% stake in Aer Lingus.
(H/GK)
Following the Eu executive vetoing the airlines first attempt in 2009, the regulator have again said the bid could hurt competition and lead to higher prices for passengers.
Ryanair had already flagged the European Commission's rejection of the €694m bid for Aer Lingus earlier this month.
The EU Commission said that the merger would harm consumers by creating a dominant company on 46 routes where the carriers are currently competing.
Ryanair has said it will appeal the ruling, saying it was a "political decision" bowing to the interests of the government, which holds a 25% stake in Aer Lingus.
(H/GK)
Related Irish News Stories
Click here for the latest headlines.
05 November 2012
Aer Arann To Suspend Services From Waterford Airport
Aer Arann, operating as Aer Lingus Regional, is to suspend its services at Waterford Airport with effect from 6 January, 2013. The routes affected will be Aer Lingus Regional services from Waterford Airport to London Southend, London Luton and Manchester. The airline will continue to operate as normal from Waterford up to 6 January, 2013.
Aer Arann To Suspend Services From Waterford Airport
Aer Arann, operating as Aer Lingus Regional, is to suspend its services at Waterford Airport with effect from 6 January, 2013. The routes affected will be Aer Lingus Regional services from Waterford Airport to London Southend, London Luton and Manchester. The airline will continue to operate as normal from Waterford up to 6 January, 2013.
17 January 2011
Arann Flies To Scotland With Aer Lingus
Aer Lingus and Aer Arann have announced plans for a new route from Shannon to Edinburgh as part of the franchise agreement between the two airlines. From 27 March, Aer Lingus Regional, operated by Aer Arann, will provide flights to Shannon from Edinburgh five days a week.
Arann Flies To Scotland With Aer Lingus
Aer Lingus and Aer Arann have announced plans for a new route from Shannon to Edinburgh as part of the franchise agreement between the two airlines. From 27 March, Aer Lingus Regional, operated by Aer Arann, will provide flights to Shannon from Edinburgh five days a week.
09 December 2008
Aer Lingus Knuckles Down Over Ryanair Offer
Aer Lingus is fortifying its defences against the bold approach from Ryanair last week. The airline's Chief Executive Dermot Mannion has announced the recent union agreement will mean the loss predicted for the end of year could be turned around due to its expected €50 million in cuts.
Aer Lingus Knuckles Down Over Ryanair Offer
Aer Lingus is fortifying its defences against the bold approach from Ryanair last week. The airline's Chief Executive Dermot Mannion has announced the recent union agreement will mean the loss predicted for the end of year could be turned around due to its expected €50 million in cuts.
17 August 2012
Ryanair Proposing To Pull Aer Lingus Routes To Avoid Monopoly
It has been revealed that Ryanair is in discussions with the European Commission about pulling Aer Lingus from a series of routes out of Dublin if it is granted permission to take over the airline. This would allow a number of major European airlines, including British Airways and Virgin, to operate from routes vacated in the airport.
Ryanair Proposing To Pull Aer Lingus Routes To Avoid Monopoly
It has been revealed that Ryanair is in discussions with the European Commission about pulling Aer Lingus from a series of routes out of Dublin if it is granted permission to take over the airline. This would allow a number of major European airlines, including British Airways and Virgin, to operate from routes vacated in the airport.
07 January 2010
Ryanair Denies Third Aer Lingus Bid
Ryanair has waved off speculation it is preparing a third bid for Aer Lingus. In a statement today, updating investors on it's year to date passenger figures, the budget airline said there was no truth or basis to recent Irish media speculation that Ryanair was preparing a third bid for Aer Lingus.
Ryanair Denies Third Aer Lingus Bid
Ryanair has waved off speculation it is preparing a third bid for Aer Lingus. In a statement today, updating investors on it's year to date passenger figures, the budget airline said there was no truth or basis to recent Irish media speculation that Ryanair was preparing a third bid for Aer Lingus.
-
Ireland WeatherToday:A mainly dry although with a fair amount of cloud with only a few sunny intervals. Overnight fog patches lifting this morning. A few showers possible across Fermanagh. Light winds. Maximum temperature 7 °C.Tonight:Chance of one or two showers across the south at first this evening. Otherwise it will be a dry night with a few fog patches. Minimum temperature 4 °C.
