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Ryanair to base 6th aircraft at Brussels
www.avitrader.com | Nov 21, 2008
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Ryanair to close Fuerteventura services
www.logistics-business-review.com | Nov 20, 2008
Ryanair has confirmed that it will close all of its services to and from Fuerteventura, Spain, from January 31, 2009, unless the local tourism group AIE honors the commercial agreement it entered into with Ryanair to promote Fuerteventura as a tourist destination.
http://www.logistics-business-review.com/article_news.asp?guid=7417AD1E-F785-4BFF-AEC8-10F50A215570
Air France-KLM down 4.2% after profit nearly wiped out
www.marketwatch.com | Nov 20, 2008
003112 Stock Quote, and financial news from the leading provider and award-winning MarketWatch.com.
Latest Ryanair calendar model... - Airline Business
www.flightglobal.com | Nov 18, 2008
Even by Michael O'Leary's press conference standards, this morning marked a new low/high. To mark the UK launch of Ryanair's 2009 Cabin Crew Charity Calendar, O'Leary countered charges of sexism and criticism the calendar contained no male cabin crew by...
http://www.flightglobal.com/blogs/airline-business/2008/11/even-by-michael-olearys-press.html
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Video: Insight, Outlook For Ryanair Earnings - Zibb.com
www.zibb.com
Ryanair profit drops 31% on discounts to win passengers, higher fuel costs;Ryanair 1H fuel costs 789 Million Euros Vs 393 Million Euros; Ryanair 2Q net 193.6 Million Euros analysts estimated 12 Million Euros; Analysis by Michael O'Leary, Ryanair CEO
http://www.zibb.com/article/4291884/Video+Insight+Outlook+For+Ryanair+Earnings
News from Zibb.com
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Ryanair to base sixth 737-800 aircraft at Brussels Charleroi - Zibb.com
Nov 21, 2008 (Datamonitor via COMTEX) --
Irish low cost airline Ryanair has announced that it will base a sixth Boeing 737-800 Next Generation aircraft at the Brussels South Charleroi Airport, and launch three new routes from March 31, 2009 after the Belgian government scrapped a proposed E10 tax on airline passengers.
Ryanair's new Brussels Charleroi based aircraft will operate three return services each week to/from Barcelona (Reus) and Bratislava and twice per week to Trieste, servicing an additional 110,000 passengers each year through Brussels Charleroi.
Ryanair had called on both the Belgian and Dutch governments to re-examine the impact their passenger tax would have on price sensitive passengers, highlighting that such a tax would severely impact tourism.
Ryanair had also recently called on the Irish government to re-examine its proposed E10 travel tax pointing out that Ryanair will reduce average fares by up to 20% this winter in order to keep passengers traveling.
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Ryanair offers reduced rates for annual travel insurance - Zibb.com
Nov 20, 2008 (AIRLINE INDUSTRY INFORMATION via COMTEX) --
Low-cost airline Ryanair has announced that it is reducing the price of its annual multi-trip travel insurance.
Ryanair is reducing the cost of its annual travel insurance by 45% to GBP25 for individuals, GBP44.99 for couples and GBP54.99 for families.
The airline's worldwide annual insurance policy covers travel for an unlimited number of trips (not exceeding 31 days) per year, with 24 days of winter sports cover.
Comments on this story may be sent to aii.feedback@m2.com
RYANAIR: Ryanair announces stop of activities at Maastricht Aachen Airport during winter - Zibb.com
Nov 20, 2008 (M2 PRESSWIRE via COMTEX) --
Today Ryanair announced it will close the routes in and out of MaastrichtAachenAirport (MAA) as per January 8th 2009. During the winter months the Dutch governments "ecotax" hinders the sustainability of the operations. The airport and Ryanair are in negotiation regarding the continuation of flights during the 2009 summer season.
Sander Heijmans, CEO of Maastricht Aachen Airport: "It is sad to see the routes which were started a year ago are discontinued. In the period between the Christmas holidays and the start of the summer season demand is traditionally at its lowest. With the current economic circumstances and the Dutch government's "ecotax", a profitable continuation during these months apparently is impossible. Because Ryanair guarantees its passengers the lowest fares in Europethe airline had decided to absorb most of the tax itself. There is simply no tolerance in the market forthe tax and if it was possible to raise prices on all intra-European flights, the airlines would have done so themselves a long time ago".
With the discontinuation of flights the regional economy also looses substantial tourism revenue. Michael Cawley, Ryanair's COO: "A year ago we we were negotiating with MAA to expand our offer to 10 destinations which would have given the region at least 150.000 additional tourists. These negotiations were stopped due to the ecotax. According to the Dutch tourism agency NBTC the average tourist spends over
*330 per visit. The sum than is really quite simple: 150.000 x
* 330 =
* 49,5 million in missed tourism revenue. Considering this is only the result of Ryanair's decision not to expand at Maastrichtwhile many other airlines are withholding oreven terminating services as a direct result of the Dutch tax, it is obvious that the ministry of financial affairs is causing harm to the Dutch economy. The tourism and restaurant and hotel sectorin particular are being harmed, which are industries volatile to the economy. During these times people are opting forRyanair's guaranteed lowest fares and The Netherlands is not benefiting from Ryanair's growth due to the tax.".
Sander Heijmansadds: "It is incomprehensible that the tax remains standing when it is obvious it is causing unnecessary harm to the Dutch aviation and tourism trade. People simply drive to airports abroad to start their journey there. So besides harm to the economy there is no benefit to the environment at all. We will continue to fight the tax at the Dutch High Court and Ryanair will remain involved in this. It is obvious that when transfer passengers are exempted from the tax while they share the same aircraft with passengers who do have to pay the "environment" tax, environmental reasons cannot be the motivation forthe tax. It is time the Ministry of Financial Affairs realises this and stops the harm they are causing".
A decision regarding the continuation of the routes during the 2009 summer season is expected in the next weeks.
M2 Communications Ltd disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info@m2.com.
Tags: aircraft airline airport aviation ceo economy environment government hotel prices revenue tax trade web
Ryanair bases sixth aircraft in Brussels - Zibb.com
Nov 20, 2008 (AIRLINE INDUSTRY INFORMATION via COMTEX) --
Low-cost airline Ryanair has announced that it is basing a sixth Boeing 737-800 Next Generation aircraft at Brussels South Charleroi Airport as of 20 November.
Ryanair will be launching three new routes from the airport, starting from 31 March 2009.
The new services will be: a three times weekly service to Barcelona's Reus Airport, a three times weekly service to Bratislava and a twice weekly service to Trieste.
According to Ryanair, its decision to increase services from Brussels is a result of the Belgian government cancelling plans for a proposed EUR10 tax on airline passengers.
Comments on this story may be sent to aii.feedback@m2.com
Tags: aircraft airline airport government tax
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