June 29, 2012
National carrier Turkish Airlines' chief executive Temel Kotil said on Friday that his company did not plan to buy Irish airline Aer Lingus.
"The EU does not favour a company outside the union holding a majority stake. There isn't a liberal market there, our path for inorganic growth in the EU is currently blocked," Kotil said at a conference in Istanbul.
The Sunday Business Post had reported on June 24 that Turkish Airlines may be a potential bidder for Aer Lingus and was assessing Ireland's 75-year-old former flag carrier.
