Ryanair legal threat to Aer Lingus board

Irish airline Ryanair has said it will pursue Aer Lingus’ directors for a breach of company law if the former state carrier refuses again to hold an extraordinary general meeting.

Ryanair, Aer Lingus’s largest shareholder with a near-30 per cent stake, said yesterday that it had the right to request a meeting at which it wanted to discuss Aer Lingus’s €400 million (£344m) pension deficit and a tax settlement.