Wednesday September 23, 2020

Etihad to review Aer Lingus stake after EU's Ryanair decision

Etihad Airways will review its 2.99 per cent holding in Aer Lingus after European Union regulators complete their review of a June takeover bid by Ryanair, its chief executive said.

4th December, 2012
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Etihad Airways' chief executive James Hogan.

Etihad Airways will review its 2.99 per cent holding in Aer Lingus after European Union regulators complete their review of a June takeover bid by Ryanair, its chief executive said.

The European Commission issued formal objections to Ryanair’s bid in November, setting out possible competition concerns.

“Once the commission has made its final ruling we will re-evaluate our position with regards to shareholding,” said James Hogan, Etihad’s chief executive. “Ireland is a strong outbound...

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