www.Parctel.com: The European Commission is currently considering whether, on competition grounds, to permit Ryanair to acquire Aer Lingus.
The deadline for making a decision on the transaction was extended today by the European Commission, with the agreement of Ryanair, from 11 May 2007 to 13 June 2007.
Ryanair is confident, as it has been throughout the process, that this transaction will be cleared by the European Commission as it is a pro-competitive and pro-consumer deal, which will bring lower fares, greater efficiency, new aircraft and more choice for consumers around Europe. It will enable Ryanair to take on the traditional/national airlines, who continue to fleece European consumers with high fares and unjustified fuel surcharges.
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