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RYA Ryanair Holdings Plc

14.415
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Ryanair Holdings Plc LSE:RYA London Ordinary Share IE00BYTBXV33 ORD EUR0.006 (CDI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 14.415 14.40 14.41 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Ryanair Holdings PLC RYANAIR LAUNCH NEW MUNICH MEMMINGEN BASE (NO. 86) (0798A)

21/03/2017 12:12pm

UK Regulatory


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TIDMRYA

RNS Number : 0798A

Ryanair Holdings PLC

21 March 2017

RYANAIR LAUNCHES NEW MUNICH MEMMINGEN BASE (NO. 86)

7 NEW ROUTES TO FEZ, LVIV, ORADEA, SEVILLE, STOCKHOLM,

THESSALONIKI & WARSAW, $100M INVESTMENT

Ryanair, Europe's No. 1 airline, today (21 Mar) launched a new base at Munich Memmingen Airport (No. 86), its 10(th) German base, with 1 based aircraft (an investment of $100m) and launched its biggest ever Munich Memmingen winter schedule (2017), with 7 new routes to Fez, Lviv, Oradea, Seville, Stockholm, Thessaloniki and Warsaw (17 routes in total) which will help deliver 825,000 customers p.a. as Ryanair grows its Munich Memmingen traffic by almost 40%.

Ryanair's Munich Memmingen winter 2017 schedule will deliver:

   --    1 based aircraft ($100m) 
   --    7 new routes: Fez (2 wkly), Lviv (2 wkly), Oradea (2 wkly), Seville (2 wkly) 

Stockholm (2 wkly), Thessaloniki (2 wkly) & Warsaw Modlin (3 wkly)

   --    1 new winter service: Palma (2 wkly) 
   --    17 routes in total 
   --    40 weekly flights 
   --    825,000 customers p.a. (+225,000) 
   --    620* "on-site" jobs p.a. 

Ryanair will continue to connect Munich Memmingen with major business and leisure centres on high frequency, low fare services including Dublin (4 wkly) and London (daily), with better timings and lower fares, making Ryanair the ideal choice for German business and leisure customers.

Ryanair's Munich Memmingen summer 2017 schedule is attracting record bookings, including a new route to Sofia, on lower fares as Ryanair passes on lower fuel costs, and an even better customer experience, as it continues to roll out its "Always Getting Better" improvements.

In Munich Memmingen, Ryanair's Kenny Jacobs said:

"We are pleased to announce that we will open a base at Munich Memmingen Airport next winter, our 86(th) in Europe and 10(th) in Germany, with 1 based aircraft, an investment of $100m, as we launch our 2017 Munich Memmingen winter schedule, our biggest ever, with 7 new routes to Fez, Lviv, Oradea, Seville, Stockholm, Thessaloniki and Warsaw, which will help deliver 825,000 customers p.a. as we grow our Munich Memmingen traffic by almost 40%. These new routes will go on sale later today as we continue to grow German tourism and jobs, underlining our commitment to the Bavaria Allgäu region.

We are also pleased to report record bookings on our Munich Memmingen summer 2017 schedule and German customers and vistors can look forward to even lower fares, so there's never been a better time to book a low fare flight on Ryanair. We urge all customers who wish to book their holidays to do so now on the Ryanair.com website or mobile app, where they can avail of the lowest fare air travel to and from Munich Memmingen.

To celebrate our new Munich Memmingen base and the launch of winter 2017 schedule, we are releasing seats for sale across our European network from just EUR9.99 which are available for booking until midnight Thursday (23 Mar). Since these amazing low prices will be snapped up quickly, customers should log onto www.ryanair.com and avoid missing out."

Munich Memmingen CEO, Ralf Schmid said:

"This strong commitment of Ryanair at Memmingen Airport makes our offer even better. It is also a confirmation of the hard work that our team did over the past 10 years as well as a reward for the courage of our founding partners. Furthermore, it is an important sign of trust towards those in charge at Memmingen Airport and our local politicians.

Our partner is expecting a quick development of the airport and is trusting the involved political parties that actions will follow their promises and that they will support the planned construction. The increased activity of Ryanair in Memmingen secures double digit growth rates in the next two years and is important for the local tourism industry."

ENDS

*ACI research confirms up to 750 'on-site' jobs are sustained at international airports for every 1m passengers

For further information

please contact:

                           Robin Kiely                                         Evelin Horvath 
                             Ryanair DAC                                      Ryanair DAC 
                             Tel: +353-1-9451949                          Tel: +353-1-9451384 
                             press@ryanair.com                             Horvathe@ryanair.com 

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCEAFDFALAXEFF

(END) Dow Jones Newswires

March 21, 2017 08:12 ET (12:12 GMT)

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