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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