Postponment plans HamburgBase

Ryanair Holdings PLC 13 September 2005 RYANAIR POSTPONES PLANS FOR BASE AT HAMBURG LUEBECK AIRPORT AFTER COURT RULES AGAINST PLANNING APPROVAL Ryanair, Europe's No. 1 low fares airline, today (Tuesday 13th September 2005) announced that it has postponed plans to launch a base at Hamburg Luebeck airport, which would have delivered up to 2 million passengers per annum and created 2,000 jobs in the Schleswig-Holstein region because the Higher Administrative Court of Schleswig-Holstein ruled against planning approval to extend the runway, expand the main taxiway and upgrade the instrument landing system. Ryanair's planned expansion at Hamburg Luebeck was subject to this approval being granted and these works being completed. Consequently, Ryanair has been forced to postpone its intended base at Hamburg Luebeck for the moment and will announce a replacement later this week. Michael O'Leary, CEO of Ryanair said; 'The Administrative Court ruling against planning permission means that we now have to postpone plans for a new base in Hamburg Luebeck. Although Hamburg Luebeck will not benefit at this time from increased passenger numbers that would have supported up to 2,000 new jobs in the region, Ryanair will maintain its existing operation at the airport. Ryanair will also continue to support its partners - the City of Luebeck and Infratil - in their efforts to resolve this planning problem so that they can continue to develop the airport, grow their passenger numbers, and we can proceed with the launch of a Ryanair base in Hamburg Luebeck as soon as it is practical in the future.' 'We will announce another base in Europe later this week, where we will invest over $100M in new aircraft, new routes and new jobs'. Ends: Tuesday, 13th September 2005. For further information: Peter Sherrard - Ryanair Pauline McAlester - Murray Consultants Tel: 00353 1 8121 228 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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