SECURITIES AND EXCHANGE COMMISSION
 

Washington, D.C. 20549
 


FORM 6-K
 


Report of Foreign Private Issuer
 


Pursuant to Rule 13a-16 or 15d-16
of the Securities Exchange Act of 1934
 


For the month of  August, 2009


 

RYANAIR HOLDINGS PLC
(Translation of registrant's name into English)
 
 

c/o Ryanair Ltd Corporate Head Office
Dublin Airport
County Dublin Ireland
(Address of principal executive offices)
 
 
 
Indicate by check mark whether the registrant files or will file annual
reports under cover Form 20-F or Form 40-F.
 
 
Form 20-F..X.. Form 40-F.....
 
 

Indicate by check mark whether the registrant by furnishing the information
contained in this Form is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange
Act of 1934.
 
 
Yes ..... No ..X..
 
 

If "Yes" is marked, indicate below the file number assigned to the registrant
in connection with Rule 12g3-2(b): 82- ________
 
 
 

RYANAIR STATEMENT ON AER LINGUS RESULTS

IRISH STOCK EXCHANGE AND IRISH TAKEOVER PANEL SHOULD EXPLAIN WHY THEY ALLOWED AER LINGUS TO MISLEAD SHAREHOLDERS AND THE MARKETS IN THEIR DECEMBER 2008 DEFENCE DOCUMENT

Ryanair, Ireland's favourite and 
largest airline
,
 
today (
Thursday, 
27 Aug
ust 2009
called on the Irish Stock Exchange and the Irish Takeover Panel to explain why they allowed the Board of Aer Lingus to mislead shareholders and the markets when they published 
their defence document on 22
nd
 December 2008 - just 8 months ago. 
 
Today's announcement 
by Aer Lingus 
of half year operating losses of €93m and 
the
 collapse of its net cash balances to €440m exposes 
the fact that Aer Lingus shareholders and the markets were misled by the Board of Aer Lingus in this 
Dec'08 Defence Document
.
  

I
n Aer Lingus' 
Defence Document
, Chairman, 
Mr 
Colm Barrington
,
 made the following false claims to shareholders:

1.
    
"Despite these extremely challenging conditions, we expect to achieve
profit overall in 2008 
".

      - 
Aer Lingus reported an after tax loss of €108m for 2008.

2.
    
"We 
expect that significantly reduced fuel prices and a number of management cost reduction initiatives
 will enable
      Aer Lingus to continue to enhance profitability in 2009 and beyond".
 - Aer Lingus' H1 2009 losses have risen to €93m and it 
now 
refuses to give any guidance on the extent of its 
substantial 
losses for 2009.

3.
    
"Aer Lingus is and will be profitable"

       
8 months later Aer Lingus has confirmed that it has and will continue to be loss making.

4.
    
"Our long-haul business also continues to grow".

       
Aer Lingus' long-haul traffic has 
declined by 12%
 in H1 2009.

Ryanair
 has previously
 submitted complaints to the Irish Stock Exchange, the Irish Takeover Panel and
 the 
Financial Services Regulator about these 
materially 
false
 
Aer Lingus
 claims
. To date no action has been taken by any of these regulatory agencies. Ryanair believes that Aer Lingus shareholders are entitled to know why a Ryanair offer of €1.4
0
 per share was rejected by the Board of Aer Lingus just 8 months ago, on the basis of patently false claims about growth and profitability. Shareholders in Irish plc's are entitled to expect that the 
Irish R
egulatory 
Authorities
 
 (
the Stock Exchange, the Takeover Panel and the FSR
)
 will ensure that plc's
 like Aer Lingus 
 make accurate claims about growth and profitability, particularly during takeovers. 

Ryanair calls on the Irish Stock Exchange and the Takeover Panel to explain why they failed to take any action about these patently false claims during the 7 months since this takeover was withdrawn.



Speaking today, Ryanair's Michael O'Leary said:

"Today's results from Aer Lingus prove conclusively that Chairman, 
Mr 
Colm Barrington
,
 and the Board of Aer Lingus misled shareholders and the Stock Exchange in their 
Dec'08 Defence Document
published just 8 months ago.

"I believe Aer Lingus' shareholders, who have now suffered further catastrophic losses, as the Aer Lingus share price has collapsed from over €1.40 to less than €0.50 are entitled to an explanation from the Irish Stock Exchange and the Irish Takeover Panel
 as to what action they have taken about these false 
Aer Lingus 
claims
 
and why the regulatory authorities of Ireland were asleep on the job, while the Board of Aer Lingus was misleading shareholders and the markets in December 2008
.

"Is it any wonder that the reputation of the Irish Stock Exchange 
has suffered in recent months
, when the regulatory authorities are so clearly unfit for purpose and unwilling to implement their own rules on truthfuln
ess and accuracy 
on company
 announcements
 during contested takeovers
"
.

Ends.
    
    
    
    
    Thursday, 27
th
 August 2009

For further information
please contact:
    
    
    
Stephen McNamara
    
    Pauline 
McAlester
    
    
    
    
                          Ryanair Ltd
    
    
             
Murray
 Consultants
    
    
    
    
                         Tel: +353-1-8121212
    
    Tel. +353-1-4980300

 

SIGNATURES
 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.
 
 

 

RYANAIR HOLDINGS PLC





Date:  27 August, 2009
 

 

By:___/s/ Juliusz Komorek____

   
 

Juliusz Komorek

 

Company Secretary