Ryanair Holdings PLC
12 May 2006
RYANAIR TO APPEAL ITALIAN COURT'S DECSION
TO BLOCK LOW FARES AND COMPETITON
Ryanair, Europe's No. 1 low fares airline today (Friday, 12th May 2006) stated
that it will appeal the decision of the regional administrative court of Lazio
to stop Ryanair and Easyjet's low fare flights on routes between mainland Italy
and Sardinia.
The Italian authorities blocked Ryanair's low fare flights between Rome and
Alghero by imposing a Public Service Obligation on the route in spite of the
fact that 2 airlines (Ryanair and Airone) were already operating year round
flights between Rome and Alghero. This is not allowed under European PSO rules.
These rules have also been abused by the Italian authorities because Alitalia is
being allowed to fly on PSO routes to Sardinia when it did not even apply to
operate them in the first place.
Speaking today Peter Sherrard, Ryanair's Head of Communications said:
'We have instructed our lawyers to appeal this decision to the European
courts to ensure that low fares and competition are allowed in Italy. It
is astonishing that while Ryanair has been blocked from offering low
fares between mainland Italy and Sardinia, Alitalia is being allowed to
sell its high fares on PSO routes that it did not even apply for.
'The PSO system in Europe is clearly out of control. It is being abused
by national Governments to protect high fare flag carriers while at the
same time blocking low fare competition. Italian consumers and visitors
should not be forced to pay higher fares because the Italian authorities
are abusing the PSO system to protect Alitalia and other high fare
Italian airlines'.
Ends. Friday, 12th May 2006
For further information:
Peter Sherrard - Ryanair Pauline McAlester - Murray Consultants
Tel: 00 353 1 812 1228 Tel: 00 353 1 4980 300
This information is provided by RNS
The company news service from the London Stock Exchange
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.