NEWS Ryanair continues to battle Competition authority on Aer Lingus sale

The Competition & Markets Authority has reiterated its demand for Ryanair to sell most of its holding in Aer Lingus. The low-cost carrier must cut its stake in the Irish flag-carrier from 29.8 per cent to five per cent. Ireland’s government has agreed to sell its 25 per cent stake in the airline to International Airlines Group – owner of British Airways and Iberia.