Aer Lingus’s legal spend more than dividends

Aer Lingus have spent more money on lawyers defending Ryanair takeover bids than they have ever paid out in dividends to shareholders.

CEO of Aer Lingus, Christoph Mueller said that the company has great ideas on what they could spend this money on but it was tied up in defending the airline.

“This is the third time that we have incurred defence costs. We looked at the figures and we will have paid more in defence costs then we have paid in dividends to our shareholders.