Complex Made Simple

Ryanair won’t rule out selling Aer Lingus stake to Etihad

Ireland's low-cost carrier, Ryanair has said it won't rule out selling part of its near 30% stake in Aer Lingus to UAE's Etihad if an approach is made, Ireland's Independent daily has reported. James Hogan, chief executive of Etihad said last month that the airline might be interested in acquiring the government's share. However, the Abu Dhabi-based carrier which operates 10 flights a week to Abu Dhabi from Dublin, can't acquire more than a 49.9% interest in Aer Lingus as the airline is based outside the European Union.