Ryanair 0wn Aer Lingus

Ryanair are making a bid for Aer Lingus! The former national carrier, Aer Lingus, went public a few days ago. Ryanair snapped up 16% of the company and are now offering “an all cash offer of €2.80 per share.”

I can just imagine the gnashing of teeth of Aer Lingus employees as they contemplate the cuts and cost savings Michael O’Leary would introduce!