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Ryanair Could Upset Aer Lingus...

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Ryanair Could Upset Aer Lingus Pensions Dispute

98FM
98FM

10:01 26 Jun 2014


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The transport minister has warned that Ryanair could block any proposed solution to the Aer Lingus pensions dispute.

Leo Varadkar says Ryanair could use its stake in Aer Lingus to vote against plans to increase its funding for the staff pension fund.

A panel of experts says Aer Lingus should put €37 million extra into the fund to plug a deficit.

But Minister Varadkar says that'll need a shareholder vote - and Ryanair could use its 30 per cent stake in Aer Lingus to block it:


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