Ryanair to appeal competition ruling on Aer Lingus

11th June, 2015

Ryanair has said it will appeal the decision by the UK's Competition and Markets Authority (CMA) ordering it to cut its stake in Aer Lingus to five per cent to the Competition Appeal Tribunal.

It described the CMA's decision as "ridiculous", saying it was "manifestly wrong and flies in the face of the current IAG offer for Aer Lingus".

"When the only basis for the CMA's original divestment ruling was that Ryanair's minority shareholding was...

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