Ryanair pledges to take its case to Supreme Court
Ryanair has pledged to take its case to the Supreme Court after the Court of Appeal upheld an order for it to sell most of its stake in Aer Lingus.
It means the low cost airline has lost a further battle with competition authorities.
Ryanair had challenged an earlier ruling by the Competition Appeal Tribunal, which had supported the Competition Commission’s decision that its share of Aer Lingus should be reduced.
The airline has also called for the Competition and Market Authority’s (CMA) final report to be reviewed which said Ryanair’s 29% shareholding would deter other airlines from merging or bidding for Aer Lingus.
It claims the recent offers for Aer Lingus made by British Airways’ owner IAG show the CMA findings were wrong.
Ryanair’s Robin Kiely said: "While we note the Court of Appeal’s ruling on the CMA’s Final Report on Ryanair’s 29% stake in Aer Lingus, this judgment ignores the fact that the CMA’s Final Report was based on fanciful hypotheses, secretive "evidence" and unsubstantiated assumptions. As such, we have instructed our lawyers to appeal this ruling to the UK Supreme Court.
Additionally, Ryanair has now requested a formal review by the CMA of its Final Report…Clearly the CMA’s case has now been totally undermined by the IAG offers."
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 
TAP Air Portugal to operate 29 flights due to strike on December 11
Qatar Airways offers flexible payment options for European travellers
Airlines suspend Madagascar services following unrest and army revolt
Digital Travel Reporter of the Mirror totally seduced by HotelPlanner AI Travel Agent
Strike action set to cause travel chaos at Brussels airports