Skift Take
Ryanair's Michael O'Leary may be a poor man's Richard Branson, but his success where traditional carriers have failed demonstrates that his style of flying is here to stay.
[caption id="" align="alignright" width="350"] Tail wing of a Ryanair plane. Photo by Karen Bryan.[/caption]
Source: Bloomberg
Author: Chris Jasper
Ryanair Holdings Plc submitted a 694 million-euro ($854 million) bid for Aer Lingus Group Plc after saying last month it would resume a pursuit of its Irish rival.
Europe’s biggest discount airline, which owns 29.8 percent of Aer Lingus, offered to buy remaining stock for 1.30 euros a share in cash, it said today in a statement. That’s a 38 percent premium to the close on June 19, the day before Ryanair stated tha
