RYANAIR HAS LAUNCHED a surprise bid for Aer Lingus, offering to pay €694million in cash for all the shares in its rival.

However, the budget carrier faces a number of obstacles in its third bid to take over its main Irish competitor.

Transport minister Leo Varadkar has said the Government – still a major shareholder in the former State airline – will consider Ryanair’s bid. It is also likely to be examined by the European competition commissioner.

Supporters of the move have said Ryanair’s successful business model could help transform its rival, which has been struggling for several years. Opponents have argued that it would give Ryanair too much control over the airline market in Ireland.

So what do you think? Should Ryanair be allowed to buy Aer Lingus?

Poll Results:

No (2603)

Yes (1170)

I don't know (990)

Read: Aer Lingus tells shareholders to ‘take no action’ following Ryanair bid>

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