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Ryanair "Hostile" takeover on Aer Lingus, EU says “No”, again

Brussels, Belgium - Low-cost carrier lost appeal: merger would wipe competition out of Irish skies

Irish airline Aer Lingus Group announced yesterday that a judgement from the EU General Court in Luxembourg dismisses Ryanair's appeal against the prohibition of its hostile takeover bid for Aer Lingus. Earlier, the EU Commission also found that consumers would be harmed by such a takeover that removes the competition between the two companies on Irish routes, said the company. Additionally,...

AVIONEWS - World Aeronautical Press Agency - 1118899

AVIONEWS - World Aeronautical Press Agency
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