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Ryanair taking off from London

Budget airline says lack of update to EU ownership rules means it could leave the London Stock Exchange just as its Covid-19 recovery plan takes off
November 1, 2021
  • Ryanair outlines expansion to take more market share in budget space
  • London listing could go because of restrictions on airline ownership post-Brexit

Just as Ryanair (RYA) says it is readying for take-off following the broader relaxation of Covid-19 restrictions, UK investors could be grounded as it reconsiders its secondary listing on the London Stock Exchange. The company had already stripped UK investors of voting rights, but a delisting indicates the company is not confident a deal will be reached between the EU and UK to alter airline ownership rules.

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