Monday 23 April 2018

Airline puts its faith in 'dramatically changed landscape'

John Mulligan

John Mulligan

Just whether Ryanair will find it is a case of third time lucky is anyone's guess at this stage.

Ostensibly, it faces massive obstacles to a successful bid for Aer Lingus. While it owns nearly 30pc of its rival and doesn't necessarily need the Government to support the offer, realistically it would want to have the Government on board.

Aer Lingus is also facing industrial action from workers upset about a massive €700m deficit at a pension scheme that serves about 17,000 employees -- past and present -- at the airline and the Dublin Airport Authority (DAA).

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