Ryanair says it has no interest in buying Air Italy

Ryanair’s CCO Thursday denied any interest in buying Air Italy after press reports linking his group to the loss-making airline, which was put into liquidation by its owners earlier this week. Air Italy’s owners Qatar Airways and regional carrier Alisarda blamed “persistent and structural market problems” for the decision to pull the plug Tuesday. Asked about Italian press reports that Ryanair was preparing an offer, CCO David O’Brien said his group was not interested and had not been approached. “Let’s clear the room ... We have no interest whatsoever in buying Air Italy. It would be pointless,” he said.<br/>
Reuters
https://www.reuters.com/article/us-air-italy-m-a-ryanair-hldgs/ryanair-says-it-has-no-interest-in-buying-air-italy-idUSKBN2071E5
2/13/20