17th European Base in Bremen

Ryanair Holdings PLC 19 September 2006 RYANAIR ANNOUNCES ITS 17TH EUROPEAN BASE IN BREMEN $220M INVESTMENT TO DELIVER 1M PAX P.A. Ryanair, Europe's largest low fares airline today (Thursday, 19th September 2006) announced its 17th base in Bremen. Ryanair will start flights from Bremen (its second German base) in April 2007 with an investment of $210M in three Boeing 737 800 aircraft, 9 new European routes and the purchase of a low cost terminal facility at the airport for $10M following an EU tender in which Ryanair was the successful bidder. From April 2007, Ryanair will base two Boeing 737 aircraft in Bremen followed by a third in September 2007, creating 150 direct jobs and delivering over 1M passengers p.a. by 2009. Destination Frequency Fare London 2 x daily €1 Oslo 1 x daily €1 Barcelona 4 x week €1 Murcia 4 x week €1 Tampere 4 x week €1 Venice 4 x week €1 Pisa 3 x week €1 Riga 3 x week €1 Verona 3 x week €1 Ryanair's new base in Bremen is great news for business and tourism in the region, which will benefit from 9 year round low fare routes and up to 1 M passengers p.a. This will result in a 50% increase in Bremen's international passenger numbers and will create and sustain 1,000 jobs in the region while allowing consumers to enjoy savings of €100M compared to the high fares of Lufthansa. Announcing Ryanair's 17th European base in Bremen, Michael O'Leary said: 'The 13M German consumers living in the Bremen catchment area will now enjoy a real low fares airline and unbeatable customer service with fares for less than half the price of Lufthansa to 9 exciting European destinations and a guarantee of no fuel surcharges as well. 'Our message to the German high fare airlines is simple - You can't match Ryanair's low fares and you can't match Ryanair's punctuality and customer service either. Ryanair's base in Bremen will now replicate the enormous success of our Frankfurt Hahn base where Ryanair has grown to 4M passengers p.a. within 6 years and will double again to 8M passengers in the next 6 years as a result of German consumers and visitors voting with their feet for the lowest fares and best punctuality in Germany. 'To celebrate the launch of these new routes we are offering 50,000 seats from Bremen for €1 for travel in May and June. These bargain seats can be booked on www.ryanair.com until midnight Thursday and we advise passengers to book today as demand for €1 seats will be very strong'. Ends. Tuesday, 19th September 2006 For further information: Peter Sherrard - Ryanair Pauline McAlester - Murray Consultants Tel: 00 353 1 812 1228 Tel: 00 353 1 4980 300 This information is provided by RNS The company news service from the London Stock Exchange
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