Withdrawn from Stansted sale

Ryanair has announced that it has withdrawn from the Stansted sale process, having been advised by BAA Stansted's owner, Ferrovial, that it will exclude Ryanair and any Ryanair related consortium from the Stansted sale process.

Ryanair said it does not wish to prejudice other potential investors in Stansted.

Therefore it has written to "all investors/consortia it has held discussions with to advise them that Ryanair will not participate in the sale process or seek a minority stake".

However, Ryanair says it will continue to explore traffic growth opportunities it believes are available at Stansted.