Thursday, December 18, 2008

Business group won't back Ryanair bid

The Air Transport Users Group of Chambers Ireland won't back the Ryanair bid for Aer Lingus. The business group's spokesman, Sean Murphy, speaking on the RTE Radio program "Morning Ireland" said that while the two airlines had a proven track record of reducing travel costs the situation might be different in the event of a merger. He also said that a merger would lead to a situation whereby the combined airline would constitute a monopoly of buying power at the three state airports.

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