Sunday 20 April 2014
Advertise  |  Subscribe  |  Register  | 

Close

About cookies: we use cookies to support features like login and sharing articles. Keep cookies enabled to enjoy the full site experience. By browsing our site with cookies enabled, you are agreeing to their use. Review our cookies information for more details.

Commission blocks Ryanair's takeover of Aer Lingus

By Ian Wishart  -  27.02.2013 / 14:58 CET
Ryanair says it will appeal against the decision, which it describes as “political”.

The European Commission has today (27 February) announced that it is blocking Ryanair's buy-out of its rival Irish airline Aer Lingus.

The decision confirms a statement made by Ryanair earlier this month on the likely outcome of the Commission's deliberations. The ruling marks the second time that the Commission has prohibited Ryanair's advances for the Irish flag carrier.

Joaquìn Almunia, the European commissioner for competition, said that the move would have “directly harmed passengers” who would have had to pay higher fares. The two airlines currently compete head to head.

He said that Ryanair's proposed remedies, including giving capital and some of Aer Lingus's flights to British airline Flybe, were not sufficient to allay competition concerns.

Ryanair said that it would appeal the ruling, alleging that it was a decision “motivated by narrow political interests” made “to pander to the vested interests of the Irish government” which owns a minority 25% stake in Aer Lingus.

“At a time when airlines in Europe and further afield are merging to form bigger competition champions... the Commission has yet again set back competition and choice in Europe,” spokesman Robin Kiely said.

The Commission blocked Ryanair's first planned takeover of Aer Lingus in 2007. Ryanair abandoned a second attempt two years later after Ireland's government came out against it. It made a third bid in June.

© 2014 European Voice. All rights reserved.
Varrow

Most viewed in Transport

MEPs back deal to change ETS rules for aviation

The change, demanded by foreign powers, will mean only intra-EU flights have to pay for CO2 emissions in EU airspace.

pilot

MEPs furious over Brussels flight paths

EU politicians this week used an airport noise vote to voice grievances over new Zaventem airport flight paths that send planes straight over the EU quarter.

airplane

MEPs could risk trade war by rejecting aviation deal

MEPs must decide whether to accept precedent of foreign powers 'dictating' EU legislation.

airplane
Ryanair

Related articles

EU politicians this week used an airport noise vote to voice grievances over new Zaventem airport flight paths that send planes straight over the EU quarter.

EU-wide standards for unmanned aircraft meant to alleviate safety and privacy concerns.

The change, demanded by foreign powers, will mean only intra-EU flights have to pay for CO2 emissions in EU airspace.

MEPs must decide whether to accept precedent of foreign powers 'dictating' EU legislation.

MEPs to vote on ETS aviation scheme.

Advertisement

Comments

 

Your comment
Please note: The fields followed by an asterisk (*) are obligatory fields

Comment*

Name*
E-mail*
Website

Please, copy the code on the left into the box on the right

 I accept the Terms & conditions
 I would like to share my e-mail & website

Advertisement

Cookies info | Privacy policy | Terms & conditions