RYANAIR WELCOMES SALE OF EDINBURGH AIRPORT

RNS Number : 8924B
Ryanair Holdings PLC
23 April 2012
 



RYANAIR WELCOMES SALE OF EDINBURGH AIRPORT AND CALLS FOR THE URGENT SALE OF STANSTED

 

Ryanair's Stephen McNamara said:

 

"Ryanair welcomes the sale of Edinburgh Airport, which will free it from the dead hand of the high cost BAA monopoly.  Ryanair looks forward to working with the new owners of Edinburgh to lower costs and grow traffic and routes.

 

The sale of Edinburgh now clears the way for the final sale of Stansted, which the BAA monopoly has been delaying since the Competition Commission first recommended the sale in 2006.  While the BAA has been delaying the sale of Stansted they have doubled Stansted's charges and driven its traffic down from 24m passengers to less than 18m passengers last year."

 

 

Stephen McNamara                          Joe Carmody

Ryanair Ltd                                        Edelman

Tel: +353-1-8121212                      Tel. +353-1-6789333

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCBKNDPPBKDPQB
UK 100

Latest directors dealings