easyJet PLC
13 February 2004
Embargoed until 1030 (UK time) Friday, 13th February 2003
EASYJET CONSOLIDATES GERMAN PRESENCE
easyJet today, Europe's leading low-cost airline, announced today that it is
establishing Dortmund International Airport as its next European base. As part
of the airline's expansion plans for Germany the airline will introduce eight
routes from Dortmund utilising three aircraft. Flights will commence at the end
of May 2004.
easyJet has confirmed six of the routes - twice-daily services to Paris (CDG)
and London (airport to be confirmed), and daily services to Nice, Palma
(Majorca), Alicante, and Rome (Ciampino). The remaining two routes will be
announced shortly.
Flights will commence at the end of May 2004 and will be available for sale
today on www.easyJet.com.
Dortmund is the gateway to the vast and wealthy Rhine/Ruhr industrial catchment
- representing a market with huge inbound and outbound potential: two million
people visited the city of Essen alone last year. In total, some 11 million
people live within 60 minute's drive-time of the airport - an area that also
includes the major cities of Essen and Dusseldorf and is roughly the same
population as London. GDP per head at €25,000 is significantly ahead of the
European average and more than one-fifth of all Germany's GDP comes from the
area.
Two new routes, from Berlin Schonefeld to Basel and Budapest were also announced
today. The twice daily service to Basel will start on 20 May and the daily
service to Budapest commences on 17 June.
These latest routes follow the 7 confirmed yesterday and extend easyJet's
presence in Central and Northern Europe.
Ray Webster, easyJet Chief Executive said:
'It was only a couple of months ago that we announced our intention to
significantly enter the German market with a substantial base at Berlin. Today's
announcement further strengthens our position in Germany - particularly in the
heavily populated and wealthy area of the Rhine/Ruhr valley.
'This is yet another step in the planned growth of easyJet. The fact that we can
start eight new routes using three aircraft by opening up a single new airport
underlines the value of a network rather than hub approach and why we put so
much emphasis on network density.'
ENDS
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.