Strasbourg Appeal

Ryanair Holdings PLC 18 December 2003 RYANAIR TO APPEAL NANCY COURT DECISION TO PREVENT THE RETURN OF LOW FARES TO STRASBOURG Ryanair, Europe's No.1 low fares airline today (Thursday, 18th December 2003) said it will immediately appeal the decision of the Court of Appeal in Nancy in it's ongoing fight to return Ryanair's low fares to consumers in Strasbourg. In the meantime, consumers will continue to be forced to pay Air France's ridiculously high fares on the Strasbourg to London route. Ryanair's Chief Executive, Michael O'Leary said: 'We have instructed our lawyers to appeal this decision which prevents the return of low fares air travel to Strasbourg. This decision flies in the face of the findings of the Courts own appointed Commissaire de Government who said in his submission: 1. That the Administrative Court in Strasbourg did not have the competence to make a finding on the commercial agreement between Ryanair and Strasbourg Airport. 2. That the terms of the agreement between Ryanair, Strasbourg Airport and the CCI, did not constitute State Aid 3. That the BritAir case be thrown out, and that the costs be awarded against BritAir. 'Ryanair is committed to restoring its low fares Strasbourg-London service, and will be appealing this decision, if necessary all the way through the French courts and to the European Court in Luxembourg itself. 'We would like to apologise to ordinary French consumers and visitors, who will continue to be forced to pay Air France's rip-off high fares of nearly €800.00 (return midweek fare, not staying Saturday night) for Strasbourg to London flights, instead of the €9.00 (plus taxes) one-way fares charged by Ryanair. 'We are confident that the European courts will in time recognise the benefits for consumers and the regions of low cost air travel between Strasbourg and London'. Ends. Thursday, 18th December 2003 For further information Please contact: Paul Fitzsimmons Pauline McAlester Ryanair Murray Consultants Tel. 353-1-8121212 Tel. 353-1-4980300 This information is provided by RNS The company news service from the London Stock Exchange
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