Transportation Industry

Company Watch - Aer Lingus

AirGuide Business, March 24, 2008

Mar 24, 2008

Aer Lingus flew 1.07 billion RPKs in February, a 16.3% increase over the year-ago month, against a 30.7% capacity increase to 1.61 billion ASKs. Load factor fell 8.3 points to 66.7%. Mar 21, 2008

Aer Lingus Bid To Stop Ryanair 'Interference' Rejected. A European court has rejected an attempt by Irish carrier Aer Lingus to stop what it calls "interference" by rival Ryanair, Aer Lingus said on Tuesday Mar. 18. Former state carrier Aer Lingus turned to the court after the European Commission said in October it could not force Ryanair to cut its stake in Aer Lingus, which Ryanair in August said stood at over 29 percent. The Commission, which has the exclusive power to regulate large mergers in the 27-nation EU, last June blocked a Ryanair takeover bid for Air Lingus, saying they would together dominate European routes out of Dublin. Ryanair, Europe's largest low-cost carrier, also appealed last year against that decision at the Court of First Instance, saying the Commission's opposition to the takeover was unlawful and politically motivated. Mar 18, 2008

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