Pursuits

Aer Lingus CEO Says Flybe a ‘Tool’ in Ryanair Takeover Game

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Aer Lingus Group Plc Chief Executive Officer Christoph Mueller said Ryanair Holdings Plc’s plan to transfer part of the Irish flag carrier’s business to Flybe Group Plc as part of a takeover bid can’t be taken seriously.

“It seems so far-fetched, this proposition, that we don’t waste our time in basing things on that,” Mueller said today on a call with reporters. “The entire bid, starting from the price to the construction of the deal, I cannot take really serious.”