Aer Lingus takeover bid from Ryanair remains the wrong deal for Ireland – Dooley

Published on: 17 July 2012

The Government should immediately reject Ryanair’s takeover bid for Aer Lingus following its formal submission for the airline.

Fianna Fáil Transport Spokesperson Timmy Dooley said: “The Government must do everything in its power to prevent Ryanair from taking over Aer Lingus.

“It is essential that these two airlines remain as certain entities.

“Aer Lingus and Ryanair have provided necessary and healthy competition.  Both airlines are key to driving growth in our business and tourism sectors.  At a time of great economic difficulty for the country the last thing we need is a lack of competition and uncertainty in the aviation sector.

“The European Commission undertook a detailed examination of Ryanair’s first takeover bid and found a takeover would be very harmful to competition and would create a dominant position on 35 routes operated by both airlines.

“The key issue here is competition and cost for passengers.  There are genuine concerns that a successful Ryanair takeover will result in higher fares arising from less competition on key routes. 

“I don’t want to see a situation where passengers end up having to pay more for their flights because of an effective merging of the two airlines.  Aer Lingus has flourished in recent years and the last thing the company or the economy needs is for the airline to the thrown into flux by this Ryanair takeover bid.  Ironically a strong competitive aviation sector, which came about through Ryanair challenging Aer Lingus and helping to bring down costs would be entirely undermined if Ryanair were to succeed in this bid.”

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