Fianna Fáil Spokesperson on Transport, Tourism and Sport, Timmy Dooley TD, has welcomed the announcement that the proposed takeover of Aer Lingus by Ryanair has been blocked by the European Commission (EC).
The EC today announced that Ryanair’s bid for Aer Lingus has been rejected because of serious reservations about the impact on competition for Irish consumers.
“Today’s announcement is good news for Irish airline consumers,” said Deputy Dooley.
“From the beginning, Fianna Fáil raised serious concerns about such a takeover creating a monopoly in the airline sector and this has been borne out by the decision of the EC.
“As an island nation, Ireland needs to have healthy competition and choice for airline passengers, this would be severely limited if there was only one serious option to choose from. The European Commission decision is the correct one and I believe it will benefit the industry here in the long-run.
“Ryanair has announced that it will appeal this decision and I would hope that the Government will continue to resist such a takeover on the grounds that have previously been outlined.
“This is not an attempt to downplay the role or significance of Ryanair in the Irish aviation sector. Ryanair knows how much of a valued business it is in this country, but it should also know that the principles of competition upon which it succeeded need to be protected.”