United Kingdom
United States
Asia Pacific
Ryanair drops Aer Lingus bid after EC intervenes
Saturday, 21 Dec, 2006
0
Ryanair has dropped its £990 million bid for Aer Lingus after the European Commission intervened.
But the Irish budget carrier said it would make a renewed offer for Aer Lingus if the Commission clears the deal.
The Commission’s decision to refer the deal for a competition probe was not unexpected in aviation circles.
However, Ryanair CEO Michael O’Leary’s assertion that he will return with a fresh offer if the proposal is cleared came as a surprise.
A statement said:”Ryanair announces that, in the event of EC clearance, Ryanair intends to make a further offer for Aer Lingus.”
Report by Phil Davies
Phil Davies
Tony from Gatto’s Pizza on Columbus’s Unique Pizza Trail
Sophia Hyder Hock on Global Social Inclusion in Tourism
Sustainable Tourism: Don Welsh on Community Values and Global Collaboration
Jane Cunningham: Enhancing European Engagement in Tourism
Kristin Dunne: Navigating Destination Strategy
Revolutionizing Mobile Connectivity: Boris Bijlstra on HUBBY eSIM
Capturing Glasgow’s Vibrancy: An Interview with Susan Deighan, Chief Executive of Glasgow Life
Lebua Hotel & Resorts: Rajan Khurana on Hospitality and Bangkok’s Charms
Sustainable Tourism and Growth: Insights from Chiravadee Khunsub from Tourism Authority of Thailand
Revolutionizing Travel: SmartSIM USA’s Dale Takio Unveils the Power of E Sims
TravelMole Interview with Hishan Singhawansa, Deputy CEO of Cinnamon Hotels & Resorts, Sri Lanka
Unveiling the Essence of Magari Tours: A Dive into Authentic Italian Experiences
EU airports bring back 100ml liquid rule
British Airways passengers endure 11-hour 'flight to nowhere'
CLIA: Anti-cruise demos could cause itinerary changes in Europe
Co-pilot faints, easyJet flight issues ‘red alert’
Gatwick braces for strike