Route Cancelled

Ryanair Holdings PLC
01 April 2003



                       RYANAIR CANCELS ROUTE TO GRENOBLE




Ryanair, Europe's number 1 low fares airline today (1st April 03), announced
that it was pulling out of its proposed new route from London Stansted to
Grenoble (French Alps) due to contractual difficulties with the airport. This
route had been taken on as a result of negotiations with the airport after the
announcement of Ryanair's acquisition of Buzz but recent contractual
difficulties have led to Ryanair being unable to conclude an acceptable
agreement with the airport.

Announcing the closure of the route, Ryanair's Deputy Chief Executive, Michael
Cawley said:

'We sincerely regret closing the route to Grenoble but unfortunately the
attitude of the airport authorities there gave us no alternative. We already fly
to St. Etienne in the Rhone Alp region and we will be offering all of our
existing passengers either a refund or the offer of a transfer to another route.
It has always been our policy that we need a long-term low cost deal to underpin
the widespread availability of our low fares which are the key to our success.
Unfortunately the airport management and the region have been unable to deliver
on the agreement they originally indicated to us and we have no alternative but
to terminate the route before it is even started. We sincerely apologise to all
of those passengers inconvenienced by this decision.'





ENDS

1st April, 2003

For further information

please contact:

Paul Fitzsimmons

Ryanair

00 353 1 8121212

Pauline McAlester

Murray Consultants

00 353 1 4980300








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