UK Orders Ryanair to Cut Aer Lingus Stake - Presented by: The Aol. On Network

5% is today's daily digit in Europe - the stake which Ryanair is allowed to hold in its smaller rival Aer Lingus, according to Britain's competition watchdog. The budget carrier currently holds a 30% stake in Irish airline Aer Lingus. But the UK says the current arrangement has the potential to substantially reduce competition. Ryanair said it would appeal against what it described as a "bizarre and manifestly wrong" decision.



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