Ryanair vows legal action over Aer Lingus pensions

Ryanair has warned that it intends to take legal action to prevent Aer Lingus from making additional contributions to its employee pension scheme.

In an open letter to all Aer Lingus shareholders, Ryanair — Aer Lingus’s largest shareholder, with a stake of almost 30% — said it was “deeply worried” by the airline’s stock exchange statement earlier this week.

Aer Lingus said on Monday that it was in talks with unions over how to fill a shortfall of at least €400m in its pension scheme.