new routes

Ryanair Holdings PLC 6 April 2001 RYANAIR LAUNCHES FOUR NEW ROUTES FROM LONDON TO EUROPE MORE AIRCRAFT, JOBS AND TOURISM LOST TO IRELAND Ryanair, this week (Thursday 5 April) commenced flying on four of its new routes from London Stansted to Esbjerg in Denmark, Stockholm Vasteras in Sweden, Salzburg in Austria and Trieste in Italy. These flights are being operated on Ryanair's newly delivered 737-800 series aircraft, and more than 200 new jobs for pilots, in-flight and engineering personnel have been created. Advanced bookings on these new routes have been ahead of expectations. Already more than 50% of all seats have been sold for the first month of operation on these new routes, and Ryanair expects that the average load factor for the first month of operation will achieve 70%. Three further new routes will commence flying from Stansted directly to Pescara in Italy and Brussels Charleroi on the 12th of April and then Gothenburg on 1 June next. In addition Ryanair will be launching its first new European base at Brussels Charleroi on 26th April next. These new jobs, new routes, and new tourists have been lost by Ireland as a direct result of the failure of the Minister for Public Enterprise, Mary O'Rourke to restrain the Aer Rianta monopoly from doubling the charges to the airlines at Dublin Airport over the past two years. Higher costs at Dublin Airport in addition to abject facilities, have resulted in higher air fares and stagnation in our tourism markets at a time when Sterling is strong against the Irish pound, and traffic on the UK to Europe routes continues to grow strongly. The closure of Virgin Express's operation in Shannon this week is just the latest bad news for tourism in Ireland. Welcoming the inaugural flights on these four new routes this week, Ryanair's Chief Executive, Michael O'Leary said: 'This is yet another great week for Ryanair and another poor day for Irish tourism. Thanks to our guaranteed lowest fares Ryanair is continuing to grow very strongly, particularly on our routes between the UK and Europe. To have more than 50% of the seats sold for the first month of operation on these new routes, even before we have commenced flying them, is a tremendous achievement and highlights the continuing strong demand for Ryanair's low fare services. 'Ryanair's traffic growth continues to be unaffected by the foot and mouth problem in the UK, as successful bookings for our new routes confirm. It is just a pity that this much needed new traffic and tourism is not coming to Ireland solely because Mrs. O'Rourke wouldn't support Ryanair's proposals. Irish tourism will continue to suffer as long as Mrs. O'Rourke pursues her failed policy of protecting the Aer Rianta monopoly at the expense of the Irish consumer and the potential visitor. 'As Ireland begins to consider how our tourism industry recovers from the damage done to it by the foot and mouth problem in the UK, serious consideration should again be given to Ryanair's (twice rejected) proposals for the development of new routes, and low fare access from Dublin and Shannon to the UK and Continental Europe. These new routes and new tourists would give Ireland's tourism industry a real injection of growth at a time when it needs to recover and restore the confidence among overseas visitors. This investment of $250 million in Irish tourism would have a much more permanent impact on Irish tourism than any of the advertising initiatives (however welcome) being reviewed by the Government'. ENDS. Friday, 6th April 2001 For further information please contact: Michael O'Leary Ryanair Tel. 353-1-8121212 Pauline McAlester Murray Consultants Tel. 353-1-6633332 2
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