Call on AL to Reduce Fares

Ryanair Holdings PLC 12 March 2008 RYANAIR CALLS ON AER LINGUS TO REDUCE FARES AND GET RID OF FUEL SURCHARGES Ryanair, Europe's largest low fares airline, today (Wednesday, 12th March 2008) welcomed Aer Lingus' confession that it charges passengers twice as much as Ryanair to travel in Europe. Aer Lingus today admitted that its €91 European short haul fare rose 3% in the last 12 months to €94. That means Aer Lingus' average fare is now more than DOUBLE Ryanair's €44 average fare Speaking today, Ryanair's Head of Communications Peter Sherrard said: 'While Ryanair continues to drive down fares for European passengers, Aer Lingus is increasing its fares and fuel surcharges. On routes within Europe, Aer Lingus now charges twice as much as Ryanair. 'Ryanair's bid for Aer Lingus guaranteed 10% fare reductions as well as the removal of Aer Lingus' unjustified fuel surcharges, generating passenger savings of over €100m p.a. However since the European Commission's nakedly political prohibition of Ryanair's bid, Aer Lingus has increased its fares and further raised fuel surcharges. 'Aer Lingus can't match Ryanair's prices and it can't match Ryanair's punctuality either. Aer Lingus has clearly returned to doing what it knows best, raising the cost of travel for Irish consumers'. ENDS Wednesday, 12th March 2008 For further information: Peter Sherrard - Ryanair Tel. +353-1-8121228 Pauline McAlester - Murray Consultants Tel. +353-1-4980300 This information is provided by RNS The company news service from the London Stock Exchange RAGCGDXLXBGGID
UK 100

Latest directors dealings