EU blow to Ryanair’s plans for Aer Lingus
The EU is to lodge formal objections to Ryanair’s third proposed takeover of Aer Lingus as the airline failed to offer enough concessions.
The low cost carrier is understood to have failed to address all the competition concerns about the deal.
The European Commission is expected to reject what Ryanair’s chief executive Michael O’Leary said was a ‘radical’ and ‘unprecedented’ remedies package, reports the Financial Times.
In 2007, the commission stopped Ryanair’s first bid for Aer Lingus on the grounds it would harm consumers by creating a near monopoly on some 35 routes to and from Ireland.
The provisional deadline for a commission decision is early February. While it is rare for the commission to prohibit mergers, it has not approved a takeover that has been resubmitted before.
Diane
Vegas’s Billion-Dollar Secrets – What They Don’t Want Tourists to Know
Visit Florida’s New CEO Bryan Griffin Shares His Vision for State Tourism with Graham
Chicago’s Tourism Renaissance: Graham Interviews Kristin Reynolds of Choose Chicago
Graham Talks with Cassandra McCauley of MMGY NextFactor About the Latest Industry Research
Destination International’s Andreas Weissenborn: Research, Advocacy, and Destination Impact
Graham and Don Welsh Discuss the Success of Destinations International’s Annual Conference
Graham and CEO Andre Kiwitz on Ventura Travel’s UK Move and Recruitment for the Role
Brett Laiken and Graham Discuss Florida’s Tourism Momentum and Global Appeal
Graham and Elliot Ferguson on Positioning DC as a Cultural and Inclusive Global Destination
Graham Talks to Fraser Last About His England-to-Ireland Trek for Mental Health Awareness
Kathy Nelson Tells Graham About the Honour of Hosting the World Cup and Kansas City’s Future
Graham McKenzie on Sir Richie Richardson’s Dual Passion for Golf and His Homeland, Antigua
ADS PRO 
Phocuswright reveals the world's largest travel markets in volume in 2025
Cyclone in Sri Lanka had limited effect on tourism in contrary to media reports
Higher departure tax and visa cost, e-arrival card: Japan unleashes the fiscal weapon against tourists
In Italy, the Meloni government congratulates itself for its tourism achievements
Singapore to forbid entry to undesirable travelers with new no-boarding directive