CHALLENGE ON T2

Ryanair Holdings PLC 27 September 2007 RYANAIR CHALLENGES PERMISSION ON T2 AND THE REGULATOR'S DECISION ON AIRPORT CHARGES Ryanair, Ireland's largest airline, today (27th September 2007) announced that it has applied for a judicial review of An Bord Pleanala's decision upholding planning permission for the DAA's €800m. second terminal (T2), and also the Commission for Aviation Regulation's (CAR's) decision to allow the majority of DAA's massively inflated costs for T2 to be recovered through higher passenger charges. Both applications were filed with the High Court this afternoon. Commenting on these two legal actions, Ryanair's Head of Regulatory Affairs, Jim Callaghan, said: 'Ryanair has long been an advocate of a low cost, efficient second terminal at Dublin Airport to cater for the growth of low fares traffic, which now accounts for the vast majority of traffic in Dublin Airport. Ryanair even offered to pay for and build such facilities over 5 years ago but was blocked by the Government, who preferred to allow the monopoly airport operator to build further gold plated, massively inefficient facilities at Dublin Airport. 'These two applications for the High Court to judicially review the decision of An Bord Pleanala approving T2 and the CAR's decision allowing the DAA to recover the inflated costs of T2 are aimed at preventing further passenger charge increases and inefficiency at Dublin Airport. The DAA has a long history of providing inefficient, gold plated facilities (e.g., the new terminal in Cork, and Pier C and the original terminal extension in Dublin Airport) that do not meet the requirements of users and increase costs to airlines and their passengers. 'The basis of both of these legal challenges is that the T2 facility as proposed by DAA is massively oversized, as CAR has now confirmed, it costs approximately 4 times what it should and will double passenger charges at Dublin Airport. Moreover, there is still time to allow DAA to provide facilities that meet the requirements of users but do not increase passenger charges further given that the existing facilities have enough capacity until 2011/2012. 'If the DAA monopoly goes ahead with this ridiculous development, then the users of T2, i.e., Aer Lingus, should have to pay for it, not Ryanair's low fares passengers who will continue to use the old terminal'. Ends. Thursday, 27th September 2007 For further information please contact: Peter Sherrard Pauline McAlester/Robert Marshall Ryanair Murray Consultants Tel. 353-1-8121228 Tel. 353-1-4980300 This information is provided by RNS The company news service from the London Stock Exchange
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