Airlines to hear EU court judgment

THE European Court of Justice is to deliver an important ruling today that could impact on Ryanair’s controversial shareholding in Aer Lingus.

The Luxembourg-based court will deliver its substantive judgment on separate but related cases brought by Ryanair and Aer Lingus over the former’s stakeholding in the latter.

The court has been asked by Aer Lingus to force Ryanair to divest itself of any shares which it owns in the airline. In turn, Ryanair has challenged a decision by the European Commission to block its proposed takeover of Aer Lingus on anti-competition grounds.