Irish budget carrier Ryanair has quashed suggestions that it might make another attempt to take over flag-carrier Aer Lingus.
Ryanair has twice been blocked from acquiring Aer Lingus. While it had previously indicated that it would not try again, the recent deterioration of Aer Lingus' financial situation has raised questions as to whether Ryanair might be tempted.
But the budget carrier insists today that it is not preparing a third bid.
"In the absence of any decision by the Irish Government to sell its 25% stake, a third bid by Ryanair remains highly unlikely," it states.
Chief executive Michael O'Leary says: "Our position on Aer Lingus remains unchanged."
Aer Lingus is considering a tie-up with Irish regional carrier Aer Arann which would involve the airlines co-operating via a franchise arrangement.
Source: Air Transport Intelligence news
