08-Dec-2008 3:20 PM
Aer Lingus surges on Ryanair takeover expectations, while SAS heads further South: European airline
Analysis
Aer Lingus' share price soared 14.9% on Friday as the prospects of a Ryanair takeover improved. The Irish government, which has a 25% holding in the flag carrier, has reportedly shifted away from its previously staunch opposition to a Ryanair bid, towards a likely agreement.
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