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 approved, under EC Treaty state aid rules, an Italian framework temporarily adapting certain existing risk-capital schemes to increase companies' financing possibilities during the current economic crisis.
more »
The European Commission has authorised, under EC Treaty state aid rules, a Maltese measure to help businesses to deal with the current economic crisis.
more »
We're making progress. That's the word from Treasury Secretary Tim Geithner about settling the financial markets.
more »
According to a new report released by NextGen Research, global markets for financial kiosks and enhanced ATMs will grow at a compound annual rate of 9 percent, to include more than 186,000 financial kiosks and nearly 2.5 million ATMs by 2013.
more »
Non-farming Latvians are buying pigs to beat the economic crisis.
more »
Is your money well spent at EU level? Every year, in April, the EP concludes its examination of EU spending for the financial year closed 16 months previously.
more »
In the construction sector, seasonally adjusted production1 decreased by 1.0% in the euro area2 (EA16) and by 2.1% in the EU272 in March 2009.
more »
Between 2000 and 2008, EU27 trade in goods with Russia more than tripled in value, with EU27 exports to Russia rising to 105 bn euro in 2008 from 23 bn in 2000.
more »
The European Commission has launched today a call for proposals covering key energy infrastructure projects such as energy interconnections, offshore wind energy and carbon capture and storage as part of the implementation of the EEPR.
more »
During its plenary session on 13 May 2009, the European Economic and Social Committee adopted a key opinion on responding to the crisis in the European automotive industry.
more »