Ryanair challenges CMA decision on Aer Lingus stake

Ryanair requested on February 13, 2015 for the Competition and Markets Authority (CMA) to reconsider a 2013 decision ordering it to sell down its 30% stake in Aer Lingus. At the time, the CMA stated that Ryanair’s shareholding might be an obstacle to Aer Lingus merging or being acquired by another airline. Ryanair’s submission argued that IAG’s bid for Aer Lingus, which is supported by the airline’s management, disproves this argument. “The findings in the Final Report have now been contradicted and disproven by events, which demonstrate conclusively that Ryanair’s shareholding in Aer Lingus does not prevent Aer Lingus from