Ryanair called a recent amendment to Aer Lingus CEO Dermot Mannion's employee contract awarding him €2.8 million ($3.9 million) if he resigns following a takeover as "indefensible and unprecedented." Irish media revealed the clause over the weekend. In a letter to EI Chairman Colm Barrington, Ryanair CEO Michael O'Leary argued that the contract proves that management has no faith in Aer Lingus's future as an independent airline. Ryanair owns 29.8% of EI and last month launched a ...

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