GUARANTEED NO FUEL SURCHARGE

Ryanair Holdings PLC 01 August 2007 RYANAIR GUARANTEES NO FUEL SURCHARGES EVER AS BA IS FINED £121M FOR FUEL LEVY HIKES Ryanair, Europe's largest low fares airline, today (Wednesday, 1st August 2007) renewed its guarantee of 'no fuel surcharges ever' after British Airways was fined £121.5m by the UK Office of Fair Trading for inflating fuel surcharges in conjunction with other airlines. Ryanair is the only airline to guarantee that it will never apply a fuel surcharge, and British Airways' fuel surcharge of £43 is over 40% more expensive than Ryanair's average fare of £30. Speaking today, Ryanair's Head of Communications, Peter Sherrard said: 'As the OFT has confirmed, BA has been ripping off passengers for years by price fixing and working with other airlines to inflate fuel surcharges. Since BA first introduced its fuel surcharge in 2004, the price of oil has doubled, yet BA has increased its fuel surcharges seventeen-fold to £43 per one-way flight. 'Ryanair is the only airline with a 'no fuel surcharge ever' guarantee, so passengers who want to avoid the fuel surcharging scams should log onto www.ryanair.com immediately, where fares currently start from just £10'. Ends. Wednesday, 1st August 2007 For further information: Lorna Farren - Ryanair Pauline McAlester - Murray Consultants Tel: 00 353 1 812 1271 Tel: 00 353 1 4980 300 This information is provided by RNS The company news service from the London Stock Exchange
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