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Europe Daily Bulletin No. 10784

13 February 2013
ECONOMY - FINANCE - BUSINESS / (ae) competition
Commission rejects Ryanair's plan to buy up Aer Lingus

Brussels, 12/02/2013 (Agence Europe) - Irish low-cost airline Ryanair announced on Tuesday 12 February that the European Commission had told it that it would be rejecting its planned buy-up of Aer Lingus as uncompetitive, despite the recent concessions made by Ryanair (see EUROPE 10779) to address the Commission's concerns after an initial bid was rejected in 2007 and a second bid in 2009. Ryanair said that it had asked lawyers to lodge an appeal in the European courts against any ban,...

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