Ryanair told to cut Aer Lingus stake

Source BBC News@ tienganhvui.com

28 August 2013 Last updated at 02:23 ET

Ryanair has made several attempts to take over Aer Lingus

Ryanair has been told to reduce its stake in Irish carrier Aer Lingus by the UK Competition Commission.

It said the no-frills airline would be required to reduce its 29.8% stake in Aer Lingus to 5%.

The commission's final report confirmed its provisional findings that Ryanair's shareholding could "substantially lessen" competition on routes between the UK and Ireland.

Ryanair said it would appeal against the conclusions of the commission.

Đăng ký: Tieng Anh Vui

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