The Aer Lingus impasse continues. The government’s decision to reject Ryanair’s latest takeover approach last week put a swift end to chief executive Michael O’Leary’s ambitions to gain control of the former state carrier for the foreseeable future.
The manner in which Noel Dempsey, the Minister for Transport, shot down the approach suggests that O’Leary has painted himself and his smaller rival into an uncomfortable corner....
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