Ryanair prepares for landing in Poland, hints at future CEE hub
Published:
20 February 2005 y., Sunday
No-frills airline Ryanair believes that flights to and from Poland will be profitable, "If we manage to have 75% booking, then we will break even on flights to Poland in three months," assured Michael O'Leary, president of Ryanair.
For the time being the company plans to provide daily flights from Wrocław to Warsaw, while routes to follow will be decided upon at the beginning of 2006.
"We will not only fly from Wrocław. We are negotiating with four Polish airports. For now we do not have planes to service other airports," explained O'Leary. Ryanair will only service flights to Poland, but "If the number of flights increases in the CEE, we will set up a regional hub. We are considering locating it in Wrocław for instance," said the company's CEO.
The investment will be launched in 2-3 years, while the forecasted investments will amount to $240-250 million. The airline expects to transport 100,000 passengers in the first year of operations.
Šaltinis:
wbj.pl
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
New legislation for pan-European supervision of credit rating agencies and a public debate on how financial institutions are managed.
more »
On 2 June in Vilnius, Lithuania‘s Vice-Minister of Foreign Affairs Asta Skaisgirytė Liauškienė and Deputy Director General of the World Trade Organization Rufus H. Yerxa discussed the main issues on the international trade policy agenda, Russia‘s WTO accession and the changing role of China in the world economy.
more »
2157 former construction workers in Spain and 598 ex-employees at the Irish crystal glass company Waterford Crystal with suppliers could get €11 million in EU globalisation adjustment fund aid for training, self-employment and professional orientation under plans approved by the Budgets Committee on Wednesday.
more »
Companies from the UK, Belgium, Germany and Spain have won the 2010 European Business Awards for the Environment.
more »
The planned overhaul of EU fisheries policy should devolve more powers to regions, protect small coastal fleets and boost aquaculture, said MEPs and members of national parliaments on Tuesday.
more »
The first in a series of loan agreements for energy efficiency investments in multi-apartment buildings was signed today between the European Investment Bank (EIB), as manager of the JESSICA holding fund in Lithuania, and Šiaulių bankas.
more »
Despite the current economic crisis and tensions in the euro, Estonia is set to adopt the single currency in January.
more »
Commission proposes a bank tax to cover the costs of winding down banks that go bust.
more »
The European Investment Bank will provide a total of EUR 400 million to Hellenic Petroleum SA in order to increase the production of cleaner fuels via the upgrading of the Elefsina refinery.
more »
European ministers meet on Tuesday and Wednesday in Brussels at the final Competitiveness Council to be held during the six months of the Spanish Presidency, which has an agenda laden with important issues such as the electric vehicle, the European patent system and national R+D investment goals.
more »