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Ryanair appeals UK regulator's order to sell down Aer Lingus stake

( June 19, 2015, 15:08 GMT | Official Statement) -- MLex Summary: Ryanair has filed an appeal with the Competition Appeal Tribunal against the UK antitrust regulator's decision from June 11, which confirmed Ryanair must reduce its stake in rival carrier Aer Lingus. The UK agency concluded that the public takeover bid for Aer Lingus by International Airlines Group wasn't a "material change in circumstances" since the original decision in 2013. Ryanair says the agency's recent decision was "unlawful and irrational."Full statement follows:...

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