Ryanair 'disappointed' at EC decision

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Source: thepost.ie

Ryanair 'disappointed' at EC decision
20/12/2006 - 7:18:52 PM

Ryanair has expressed its disappointment at the European Commission’s decision to refer its offer for Aer Lingus to a phase-two investigation.

Michael O’Leary, said: “This could and should have been decided in phase one. We believe that this delay is unnecessary.

"Ryanair remains confident that its offer for Aer Lingus, which is consistent with the Competition Commission’s stated policy on airline consolidation, will win EU competition approval under the phase-two procedure.”