Ryanair will ultimately take control of Aer Lingus

In an interview with the Sunday Independent newspaper, Ryanair chief executive Michael O'Leary said that he believed that Ryanair will ultimately be allowed to buy Aer Lingus. Although Aer Lingus has always vociferously rebutted any suggestion that it would succumb to Ryanair ownership the carrier appeared to softened it's line slightly in announcing it's H1 results two weeks ago. Aer Lingus has burned it's way through cash reserves at the rate of almost €1m per day in the past year, a rate which it concedes is unsustainable.
In the interview with the Sunday Independent, Michael O'Leary said that in "another 18 months and with more redundancies, they'll have burned their way through the last of the cash they have and will need to be rescued", making it obvious that Ryanair are prepared to wait for a fire sale before spending.