We noticed that you're using an unsupported browser. The TripAdvisor website may not display properly.
We support the following browsers:
Windows: Internet Explorer, Mozilla Firefox, Google Chrome. Mac: Safari.

Ryanair forced to sell Aer Lingus stake

Tenerife, Spain
Level Contributor
16,854 posts
133 reviews
Save Topic
Ryanair forced to sell Aer Lingus stake

Ryanair will be required to sell its 29.8 per cent stake in Aer Lingus Group following a decision by the Competition Commission in the UK. Full story here http://tiny.cc/h0yi2w

http://redqueenmusings.wordpress.com/

Motherwell, United...
Level Contributor
2,913 posts
70 reviews
Save Reply
1. Re: Ryanair forced to sell Aer Lingus stake

Nice to see them on the losing side for a change !!!!!!!!!!

I'm sure there will be some sort of appeal lined up so loss may be temporary.

Jim

Italy
Level Contributor
39,484 posts
207 reviews
Save Reply
2. Re: Ryanair forced to sell Aer Lingus stake

I clicked the wrong link and got a recipe for a very nice apple cake so thanks for that but getting back to Ryan air I think they've made the right decision as I don't think it wa fair that Oleary had such a big stake in aer Lingus but maybe we haven't heard the last of this yet.

Worthing, United...
Level Contributor
1,543 posts
45 reviews
Save Reply
3. Re: Ryanair forced to sell Aer Lingus stake

This day marks the end of aer lingus. They need O'Leary's business expertise.

Romford, United...
Level Contributor
2,065 posts
22 reviews
Save Reply
4. Re: Ryanair forced to sell Aer Lingus stake

Question now arises who will want to buy the 25% stake and at what price and with what conditions?

Watford, United...
Level Contributor
5,034 posts
13 reviews
Save Reply
5. Re: Ryanair forced to sell Aer Lingus stake

Whoever buys will have to print the purchase agreement or pay an extra 70 euro.

Berkshire, United...
Destination Expert
for Prague, Bohemia
Level Contributor
35,171 posts
71 reviews
Save Reply
6. Re: Ryanair forced to sell Aer Lingus stake

Does anyone actually care?

Dublin, Ireland
Destination Expert
for Seminyak, Ubud, Bali, Dublin
Level Contributor
6,995 posts
106 reviews
Save Reply
7. Re: Ryanair forced to sell Aer Lingus stake

All bets are on etihad, they already have 3%.

But MOL won't give up this easily and It could be another long fight.

Romford, United...
Level Contributor
2,065 posts
22 reviews
Save Reply
8. Re: Ryanair forced to sell Aer Lingus stake

They are a good fit and will give Aer Lingus access to Asia and Ethiad access to feeder airports in Europe, you are right about MOL though because he will not like that one bit!!!

Edited: 2:15 pm, August 28, 2013
Portland, Oregon
Destination Expert
for Air Travel
Level Contributor
28,193 posts
6 reviews
Save Reply
9. Re: Ryanair forced to sell Aer Lingus stake

Why does the UK government get to regulate over two Irish airlines? EU maybe, Ireland definitely, but UK?

And while I'd agree Etihad would be favorites to expand its equity empire, I'd like to see United buy it. They could make very good use of that pre-clearance at DUB. Not sure they have the money though.

Dublin, Ireland
Destination Expert
for Seminyak, Ubud, Bali, Dublin
Level Contributor
6,995 posts
106 reviews
Save Reply
10. Re: Ryanair forced to sell Aer Lingus stake

Ryanair is huge in the UK and with aerlingus they control the London / Dublin route.

Fear is competition could be at a disadvantage as MOL has influence on both.

For a full takeover, it has to be a European airline, EU rule does not allow more than 49% stake I believe for a non EU airline into an EU airline.

Edited: 2:32 pm, August 28, 2013