DUBLIN (dpa-AFX) - Ryanair plc (RYA.L, RYAAY.L) reported Friday a letter from its chief executive Michael O'Leary, which threatened legal action against Aer Lingus plc (AERL.L) in the event that Aer Lingus made any additional, 'unnecessary', contributions to its pension scheme without prior shareholder approval. The letter expressed concern over Aer Lingus's statement of January 30, 2012 seeking to address a funding shortfall in the IASS. Further, 'repeated' prior requests that Aer Lingus convene an EGM and also adopt a resolution affirming that no additional payments to the defined contribution pension scheme would be made were ignored, Ryanair said. Such contributions, the missive added, might be seen as more 'frittering away' of shareholder funds.
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