Ryanair Resumes Aer Lingus Pursuit With EU694 Million Offer

Ryanair Resumes Aer Lingus Pursuit With EU694 Million Offer

Aidan Crawley/Bloomberg

Having been blocked from taking control of Aer Lingus in the past by antitrust rulings, Ryanair said it’s renewing its approach amid changed circumstances following the consolidation of Europe’s network carriers, a decline in traffic in Dublin that leaves space for new entrants, and Irish government plans to sell a 25 percent Aer Lingus stake in a state-asset auction.