Ryanair To Give Aer Lingus Proceeds To Shareholders

Ryanair will not use the proceeds from the sale of its Aer Lingus stake to finance new aircraft and instead will distribute almost €400 million ($358.9 million) to shareholders. In July, Ryanair CEO Michael O’Leary told Aviation Daily that he would like to use the proceeds of the Aer Lingus sale to...

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