Ryanair pursues Aer Lingus over EGM

RYANAIR said it will pursue Aer Lingus directors for a breach of company law if the former state carrier refuses again to hold an EGM

Ryanair, Aer Lingus’s largest shareholder, said yesterday it had the right to request a meeting at which it wanted to discuss Aer Lingus’s €400 million pension deficit and a tax settlement.

Aer Lingus, which said last week the requisition to hold a meeting was not properly made and that Ryanair was using its shareholding to harass a competitor, again rejected the call.