21-Oct-2010 12:31 PM

O'Leary open to selling Aer Lingus stake to rival

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