Sunday February 16, 2020

Ryanair asks court to block British probe of Aer Lingus stake

Ryanair asked a British court to block the UK Competition Commission’s probe into its 30 per cent stake in competitor Aer Lingus, saying it overlaps a new European review.

27th July, 2012
2
Ryanair is bidding to buy the rest of Aer Lingus for €694 million.

Ryanair asked a British court to block the UK Competition Commission’s probe into its 30 per cent stake in competitor Aer Lingus, saying it overlaps a new European review.

The commission’s investigation of the minority stake acquired six years ago violates the jurisdiction of the European Union, which is considering the bid by the airline to buy the rest of Aer Lingus for €694 million, Ryanair’s lawyer David Pannick said today at the Competition...

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