Ryanair ends Aer Lingus EGM call

RYANAIR has dropped its call for an Aer Lingus EGM but is considering legal action in a bid to gain answers to a number of its recent queries.

The airline — a 29.8% shareholder in Aer Lingus — has, since the start of November, made three separate pleas for an EGM of Aer Lingus stakeholders, in a bid to gain clarification on a number of issues.

Ryanair has been seeking confirmation from Aer Lingus that it will not make any additional payments to its defined contribution pension schemes without prior shareholder approval.