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 European Commission has adopted additional legislative proposals today to further strengthen financial supervision in Europe.
more »
The EU has announced plans to regulate the market for derivatives – complex financial products that helped trigger the financial crisis.
more »
New proposals to help EU farmers through the milk price crisis were backed by Parliament on Thursday.
more »
The European Commission and the European Investment Bank (EIB) Group are organising a conference in Brussels on 22 and 23 October to further promote two initiatives designed to increase the use of financial engineering instruments in the framework of cohesion policy.
more »
The biggest thermal insulation production manufacturer in Finland “Finnfoam” has started the construction of a thermal insulation production plant in Kaunas FEZ.
more »
The European Investment Bank (EIB) is providing two loans in Hungary.
more »
Key Western Balkan projects to benefit from new funding EU, IFI financing to focus on infrastructure, SMEs and energy efficiency.
more »
Lithuania, Belarus and China will cooperate in the development of the initiative of the East-West transport corridor.
more »
On October this year AB Bank SNORAS will provide preferential UAB “Guarantee Fund of Agricultural Loans ” purpose loans to farmers and companies, which scope of activity is economic activity and processing of agricultural production.
more »
The European Commission has today approved an application from Austria for assistance under the European Globalisation Adjustment Fund (EGF).
more »