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UK orders Ryanair to cut Aer Lingus stake

Aug.28 - Britain's competition watchdog has ordered budget carrier Ryanair to cut its stake in smaller Irish rival Aer Lingus from 30% to 5%, saying the current arrangement could reduce competition. Ryanair is appealing the decision, but as Ciara Sutton reports it appears to all but end the airline's seven-year pursuit of Ireland's former flag carrier.

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