Ryanair Holdings PLC
13 September 2005
RYANAIR POSTPONES PLANS FOR BASE AT HAMBURG LUEBECK AIRPORT
AFTER COURT RULES AGAINST PLANNING APPROVAL
Ryanair, Europe's No. 1 low fares airline, today (Tuesday 13th September 2005)
announced that it has postponed plans to launch a base at Hamburg Luebeck
airport, which would have delivered up to 2 million passengers per annum and
created 2,000 jobs in the Schleswig-Holstein region because the Higher
Administrative Court of Schleswig-Holstein ruled against planning approval to
extend the runway, expand the main taxiway and upgrade the instrument landing
system.
Ryanair's planned expansion at Hamburg Luebeck was subject to this approval
being granted and these works being completed. Consequently, Ryanair has been
forced to postpone its intended base at Hamburg Luebeck for the moment and will
announce a replacement later this week.
Michael O'Leary, CEO of Ryanair said;
'The Administrative Court ruling against planning permission means that we now
have to postpone plans for a new base in Hamburg Luebeck. Although Hamburg
Luebeck will not benefit at this time from increased passenger numbers that
would have supported up to 2,000 new jobs in the region, Ryanair will maintain
its existing operation at the airport. Ryanair will also continue to support its
partners - the City of Luebeck and Infratil - in their efforts to resolve this
planning problem so that they can continue to develop the airport, grow their
passenger numbers, and we can proceed with the launch of a Ryanair base in
Hamburg Luebeck as soon as it is practical in the future.'
'We will announce another base in Europe later this week, where we will invest
over $100M in new aircraft, new routes and new jobs'.
Ends: Tuesday, 13th September 2005.
For further information:
Peter Sherrard - Ryanair Pauline McAlester - Murray Consultants
Tel: 00353 1 8121 228 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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