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HomeBreadcrumbCalendarsBreadcrumbInternational AffairsBreadcrumbEuropean Union

EC rules on Ryanair's bid to buy Aer Lingus

Wednesday 27 February 2013
Brussels, Belgium

Published: 23 Jan 2013 | By Yafit Lazar and 3 others | Last updated: 1 Mar 2013
   
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EC rules on Ryanair's bid to buy Aer Lingus -
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EU antitrust regulators are set to conclude their review of the latest bid by Ryanair to acquire Irish rival Aer Lingus after the carrier offered additional concessions to allay competition concerns.


Ryanair, Europe's biggest low-cost airline, said on January 22 it was confident of gaining EU approval for the €694-million ($922 million) deal.


According to unnamed sources, the carrier's offer to the Commission included ceding 43 routes to Flybe and three Aer Lingus' Heathrow routes to British Airways.



Sources
EU regulator extends Ryanair, Aer Lingus review to March 6 www.reuters.com
Ryanair's bid to take over Aer Lingus blocked www.bbc.co.uk
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Created by Yafit LazarCreated by Yafit Lazar
on Wed 23 Jan 2013
Modified by Yafit LazarLast modified by Yafit Lazar
on Fri 1 Mar 2013
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Location: Brussels, Belgium
Date: Wednesday 27 February 2013
Duration: 1 day
Planning: confirmed
Ended: 83 days ago

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