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ARTICLE · 12 FEBRUARY 2013

Aviation Bulletin - February 2013

A number of discussions on the most recent updates in the aviation and aerospace sector.

United KingdomTransport
Alan Meneghetti
Alan Meneghetti
Rebecca Chant
Rebecca Chant
Peter Roser
Peter Roser
Nicholas Medniuk
Nicholas Medniuk
David Willcox
David Willcox
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EU/UK merger control - Court of Appeal decision in Ryanair v Competition Commission and Aer Lingus

John Milligan

On 13 December the English Court of Appeal handed down a judgment which concluded that it would not contravene the obligation of 'sincere cooperation' between the EU and member states for the UK Competition Commission (CC) to proceed with its investigation into Ryanair's 29.82% stake in Aer Lingus. The European Commission is currently conducting a second phase investigation of Ryanair's current notified bid for the entirety of Aer Lingus' capital and this is due to be completed in January 2013. As a result of the ruling, the CC is under no obligation to stay its investigation. The CC has a statutory timescale of 24 weeks (extendable by up to eight weeks), and its investigation would be expected to be concluded after the EU Commission's decision.

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