[QUOTE]That however is not exerting influence as having less than 30% of the shareholding and being consistently outvoted is not having "INFLUENCE"./QUOTE]
Under Aerlingus Articles of incorporation to pass a special resolution you need greater than 75% of the votes. Ryanair can block all of these resolutions with its stake and therefore exerts influence on the company now and has done in the past. Its presence on the register serves to depress share price and stifle any further company strategies that do not fall in with Ryanairs' plans.