O’Leary wants Aer Lingus

first_imgTuesday 19 October 2010 7:51 pm Share whatsapp whatsapp KCS-content Ryanair hopes the Irish government’s financial woes will help the low-cost carrier finally seal a takeover of Aer Lingus, Ryanair chief executive Michael O’Leary told a German newspaper yesterday.Ryanair, which owns almost 30 per cent of Aer Lingus, has tried twice to take over its rival but has struggled to overcome opposition from the Irish government which holds a quarter of Aer Lingus.“The government is broke now, it has to sell its holdings. In the end, it will sell Aer Lingus as well,” O’Leary said in an interview published in daily Frankfurter Allgemeine Zeitung yesterday.Ireland said at the end of last month it could cost as much as €50bn (£44bn), or over €11,000 per head of a recession-weary population, to unwind years of reckless lending to developers during the “Celtic Tiger” boom. “And I hope, we will buy [Aer Lingus],” O’Leary said, adding he would aim to expand Aer Lingus as quickly as possible following any deal. center_img Tags: NULL Read This NextThe Truth About Bottled Water – Get the Facts on Drinking Bottled WaterGayotRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap O’Leary wants Aer Lingus Show Comments ▼ by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryNoteabley25 Funny Notes Written By StrangersNoteableyTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan Timeslast_img