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
The Gas Coordination Group, chaired by the Commission, met this afternoon to analyze in detail all elements of the preparedness of the EU and the Energy Community for a potential supply disruption in the Winter 2009/2010.
more »
In a meeting of the European Bank Coordination Initiative Group, held in Brussels, the parent banks of the nine largest banks operating in Romania reaffirmed their commitment to maintain their exposure to the country and ensure adequate capital levels over 10 percent for their affiliates.
more »
Airline airBaltic has informed of its plans to resume some flights from Vilnius International Airport before the end of this year.
more »
The European Commission has approved under EC Treaty state aid rules the restructuring plan of Lloyds Banking Group.
more »
"Finance and climate change" was under discussion at a 10 November hearing in parliament's Industry, Research and Energy Committee.
more »
The International Monetary Fund announced today the sale of 2 metric tons of gold to the Bank of Mauritius, the nation’s central bank.
more »
The euro area economy grew by 0.4% in the third quarter. Is the crisis over?
more »
After lots were drawn, ten winners of Danske Bankas scholarships and one winner of an iPod shuffle player were established.
more »
From 16 November 2009, AB Bank SNORAS network starts providing new products – one can sign agreements of “Finasta Asset Management” II level pension accumulation funds in all subdivisions of the bank.
more »
The expected turnaround in the Baltic Rim economies is likely to gradually improve the business opportunities for Nordic companies operating in the region.
more »