Breaking Travel News

Press: Ryanair willing to sell Aer Lingus slots

Ryanair has said it would be willing to sell Aer Lingus landing slots at London’s Heathrow Airport in a bid to win European Commission approval for a takeover of the Irish flag carrier, according to two sources who told Reuters news agency. The European Commission has until July 4 to decide on Ryanair’s unsolicited offer, which originally valued Aer Lingus at 1.48 billion euros ($2 billion).

The European Union competition regulator has rejected previous proposed solutions as insufficient to overcome competitive problems with the deal.