Thursday April 2, 2020

Aer Lingus bid: Taking over the skies

Ryanair's latest bid for Aer Lingus may be mere game-playing by Michael O'Leary, but if Europe gives it the go-ahead, Irish skies will be changed dramatically, writes Ian Kehoe.

23rd June, 2012
Regardless of whether there is substance to his stunt, the Ryanair boss has succeeded in bringing Aer Lingus firmly into play.

Ryanair's latest bid for Aer Lingus has managed to spook the airline's board, rattle its unions, startle the government and divide the analysts. But is it a stage-managed play designed to flush out prospective buyers for Ryanair's 29 per cent stake in Aer Lingus? Or, after two thwarted bids in six years, does Michael O'Leary now believe it will be third time lucky?

Perhaps only O'Leary, predictably unpredictable to his core, knows the real answer. But...

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