Ryanair founder to take stake in Mexican airline

RYANAIR founder Tony Ryan is to take a 49% stake in a Mexican start-up airline.

Ryanair founder to take stake in Mexican airline
Tue, 28 Feb, 2006 - 00:00

Dr Ryan, his son Declan and another Irish investor, Maurice Mason of private equity firm Kite Investment, will join the board of AeroBus.

Dr Ryan, who stepped by from Ryanair some years ago, will be hoping to repeat the current success of the Irish carrier and his Asian venture Tiger Airways in the Mexican and US markets.

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