Ryanair fears EC airport ruling
Ryanair shares fell 27 cent, 3.95% to 6.56, after it broke the news that a draft report from the commission indicates that substantial parts of arrangements at Brussels Charleroi will be found unlawful.
Mr O’Leary’s initial reaction to the possible ruling was: “Are we rattled? Yes. It’s beyond my comprehension how the commission can say ‘sorry, this is state aid and we’d like you to pay higher costs and charge higher fares, so Zaventem can have a level playing field.’’ (Zaventem is the main airport in Brussels).
