Is discount airline RyanAir’s play for Aer Lingus a good move?
While many air carriers around the world such as American Airlines (AAMRQ, quote) are filing for bankruptcy or warning of huge earnings declines like Qantas (QUBSF, quote), Irish discount airline Ryan Air (RYAAY, quote) is hoping to expand with a hostile bid for Aer Lingus, “the flag carrier of Ireland.”
