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Discussion in 'Other Airlines | Europe' started by rwoman, Jun 20, 2012.
BBC: Aer Lingus urges no action over Ryanair offer
Ryanair knows it's chances of success as this is the third time they try to take over Aer Lingus. The Irish government is also due to sell the states 25% stake in the airline, and it is unlikely that Ryanair will be the company they want to sell at. Seeing that Ryanair owns already just under 30% of the company, this has kept many urging [ incl. the UK ] that Ryanair has too much influence on a daily basis at Aer Lingus. Anyway, even when Ryanair would succeed in securing over 50% of shares available in Aer Lingus it is unlikely that the EU, Irish government and the competition authorities give a green light to this merger as Ryanair / Aer Lingus would control over 80% of the aviation market in Ireland and this cannot not be in the interest of the state, the EU nor the passengers. Etihad owns around 3% in Aer Lingus and I have so far hoped that they want to invest more into the former flag carrier of Ireland. We will see, but as the saying goes, " these days everything is possible " especially when money, power and influence is the name of the game, plus of course some characters a la O' Leary and of course there will be always free publicity to go with. [ In the eyes of M. O' Leary, a win-win situation ].