Ryanair Holdings PLC
22 February 2007
Ryanair Statement
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.
Notes to Editors:
Under the Merger Control Regulation, the timetable 'may be extended by the
Commission with the agreement of the notifying' party for up to twenty working
days. As is common in such cases, only Ryanair notified the transaction (Aer
Lingus did not) so only Ryanair needed agree.
Ends. Thursday, 22nd February 2007
For reference:
Peter Sherrard Pauline McAlester
Ryanair Murray Consultants
Tel: +353-1-8121228 Tel: +353-1-4980300
The directors of Ryanair accept responsibility for the information contained in
this announcement. To the best of the knowledge and belief of the directors of
Ryanair (who have taken all reasonable care to ensure that such is the case),
the information contained in this announcement for which they accept
responsibility is in accordance with the facts and does not omit anything likely
to affect the import of such information.
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