O'Leary seeks clarification of Aer Lingus forecasts
Friday, 19 December 2008
Print
Email
Ryanair chief executive Michael O'Leary has written an open letter to the chairman of Aer Lingus demanding the company issue clarifications on its profit forecasts.
The move is the latest salvo in Ryanair's attempt to take over the former national airline.
Mr O'Leary says shareholders, including Ryanair, have a right to know how much Aer Lingus will spend in trying to fend off the rival airline's merger bid.
Ryanair also wants to know what impact the axing of long-haul fuel surcharges will have on Aer Lingus' books, given the size of the revenue raised from the charges.
Post a comment
Limit: 500 characters
View all comments that have been posted about this article
Offensive or abusive comments will be removed and your IP address logged and may be used to prevent further submissions. In submitting a comment to the site, you agree to be bound by BelfastTelegraph.co.uk's Terms of Use.
Posts submitted in UPPERCASE letters will be rejected.
