News

Aer Arann Cleared for Acquisition by Stobart

Aer Arann Cleared for Acquisition by Stobart
  • The Competition Authority has cleared the proposed transaction whereby Stobart Group Ltd would acquire sole control of Aer Arann. The transaction was notified by the parties under the Competition Act 2002 on 21st November 2012.
  • The Authority’s investigation and analysis indicates that there is little or no overlap in the activities of Stobart and Aer Arann. Stobart is principally active in road haulage whereas Aer Arann is active in air transport services. No third party raised any competition concerns about the deal. The Authority therefore concludes that the deal will not adversely affect consumers in any markets for goods or services in the State.
  • Aer Arann Logo

 

 

 

Click to add a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

Michael Flood is the Editor of Ireland's leading travel industry publication, Irish Travel Trade News. With more than 35 years experience, he has accumulated an in-depth knowledge of the airline industry and the travel and tourism world.

More in News

Royal Caribbean International Announces Lelepa, Vanuatu, as Next ‘Perfect Day’ Location

Neil SteedmanOctober 21, 2019

Tourism Ireland’s ‘Big Drive’ for Golf Tourism at IGTM

Michael FloodOctober 18, 2019

Voting for ITTN Awards Extended by One Week

Neil SteedmanOctober 18, 2019

CLIA Announces Line-Up for River Cruise Conference

Michael FloodOctober 17, 2019

Danny Giles Joins Silversea Expeditions

Michael FloodOctober 16, 2019

Last Chance to Enter ITTN+EMIRATES Travel Photographer of the Year

Michael FloodOctober 16, 2019

ITTN’s Great Value Travel Deals – 17th October 2019

Neil SteedmanOctober 16, 2019

Prague Convention Bureau Invites Corporate Buyers to Fam Trip and Workshop

Neil SteedmanOctober 16, 2019

WTM London to Highlight Isle of MTV Malta

Neil SteedmanOctober 16, 2019

Copyright © 2019 Belgrave Group Limited, C4 Nutgrove Office Park, Nutgrove Avenue, Rathfarnham, Dublin 14, Ireland