Any discussion about Ryanair/Aer Lingus invariably rounds up the usual suspects expressing strong emotions.
Facts are:
Ryanair own nearly a third of Aer Lingus bought at a rather higher price than the shares are now worth.
Ryanair appear to have little influence over the running of Aer Lingus and have expressed dissatisfaction at recent developments.
Making an offer in the light of the previous EU competition ruling and the ensuing domination of Dublin is tricky.
On the face of things it looks a long shot. Maybe MOL knows something we do not. But given notoriously strained relations with the EU one does rather wonder how. However the offer will at the very least provide a platform to embarrass Aer Lingus.