BERLIN
(Reuters) - Ryanair (RYA.I) would be interested in making a bid for the whole
of insolvent German carrier Air Berlin (AB1.DE), but it needs access to more
data on the airline's finances, its chief executive told Reuters.
"We
would be very happy to bid for the whole of Air Berlin, which is generally a
short-haul, domestic, intra-EU carrier," Michael O'Leary told Reuters via
telephone.
"But we
don't know how much restructuring it will take, how much money is it losing,
why is it losing so much money in a market where we make money," he said.
O'Leary
complained that the Air Berlin insolvency process is a "stitch-up" to
help strengthen Lufthansa.
"What's
going to be left by the time Lufthansa completes the discussions?," he
said, referring to comments made last week that Lufthansa was first in line for
talks.
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