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Aircraft and finance. European Commission ready to halt Aer Lingus bid by Ryanair

Brussels, belgium - The low-cost carrier could sell its 29.4% stake if the operation does not have a positive outcome

According to reports by the press agency "Reuters", the European Commission is ready to veto the 694-million-Euro acquisition of Aer Lingus by Ryanair: in the next weeks Brussels is expected to communicate the reasons of its refusal to the low-cost carrier, based upon competition concerns. Michael O'Leary's company and the airline of the shamrock are indeed the only two carriers to operate on some...

AVIONEWS - World Aeronautical Press Agency - 1146992
Rome, Italy, 11/06/2012 11:29
AVIONEWS - World Aeronautical Press Agency

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