Prestwick Hangar opening

Ryanair Holdings PLC 10 May 2004 RYANAIR OPENS £10 MILLION GLASGOW PRESTWICK MAINTENANCE FACILITY UP TO 200 NEW JOBS FOR AYRSHIRE REGION Ryanair, Europe's No.1 low fares airline,today (Monday, 10th May 2004) welcomed Secretary of State for Transport, The Rt. Hon. Alistair Darling MP to the official opening of Ryanair's new £10 million maintenance facility at Glasgow Prestwick International Airport. The 4,000 square metres facility, which has been developed in partnership with The Scottish Executive, is Ryanair's major aircraft service centre outside Ireland, and will employ up to 200 people over the next 5 years. Ryanair Chief Executive, Michael O'Leary and Secretary of State, Mr Darling M.P. performed the official opening ceremony today at Glasgow Prestwick International Airport. Speaking today, Michael O'Leary said: 'We are delighted that The Secretary of State for Transport and Scotland could join us today to mark the official opening of this new 4,000 square metre maintenance facility at Glasgow Prestwick. Ryanair's 10 year history in Scotland and ongoing commitment to the further growth and development of Glasgow Prestwick International Airport is further demonstrated today with the opening of this new maintenance facility and the creation of close to 200 jobs for the local economy. 'Our expansion in Scotland is the result of our on-going partnership with the Scottish Executive and Scottish Enterprise, who have shared our vision of more low cost flights to/from Scotland and the kind of growth in Scotland that has resulted in the creation of 200 more jobs here today. 'Unfortunately this £10 million investment by Ryanair, creating up to 200 jobs is already being highjacked by the 'Longshanks' of Ayrshire Council, who have come up with a ludicrous rate demand of £111,000 - unlike other UK regions which were offering rate holidays for 10 years. Ryanair will halt all further job creation at this facility until this highway robbery is reversed'. Ends. Monday, 10th May 2004 For further information: Cathy Timlin Pauline McAlester Ryanair Murray Consultants Tel: 00 44 1292 511257 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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