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Ryanair willing to sell stake in Aer Lingus; British Airways and union meet again; Lufthansa slips

Analysis

Ryanair (+0.9%) gained on Wednesday (20-Oct-2010) after CEO Michael O'Leary ruled out launching a third bid for Aer Lingus (+0.5%), but stated he would be "willing to sit down with any rival interested in buying the airline" should it want to acquire Ryanair's near 29% stake in the carrier. Despite comments made earlier in the week, Mr O'Leary dismissed suggestions Ryanair plans to increase its ownership in Aer Lingus.

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