Ryanair statement on Aer Lingus results
Ryanair today (27-Aug) called on the Irish Stock Exchange and the Irish Takeover Panel to explain why they allowed the Board of Aer Lingus to mislead shareholders and the markets when they published their defence document on 22nd December 2008 – just 8 months ago. Today’s announcement by Aer Lingus of half year operating losses of €93m and the collapse of its net cash balances to €440m exposes the fact that Aer Lingus shareholders and the markets were misled by the Board of Aer Lingus in this Dec’08 Defence Document.
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