O’Leary predicts Aer Lingus sell-off
“It’s inevitable that the Aer Lingus stake will be put up for sale,” O’Leary said. “It’s a certainty — just probably not to us.”
The Government holds a 25% stake in Aer Lingus, worth €96.5 million at the current market price.
Ryanair owns almost 30% of Aer Lingus and regulators have blocked its attempts at a full takeover.
O’Leary also said he wants the European Union to amend its regulation that requires airlines to pay compensation to fliers if flights are delayed.
