Ryanair & Aer Lingus?

[Bearcat]

I note this morning the merger of Delta & Northwest. On the european front what is the situation re FR's attempted take over of AL? FR are the majority share holder here and with depressed financial markets, doubling of fuel prices, a weakness in demand by the flying public and general depression in world economics, surely mergers are on the cards on the european front??

http://www.flightglobal.com/articles...-to-merge.html

[Shamrock350]

It was stopped by the European Commission. EI is in the process of trying to get Ryanair's stake in them cut.