Ryanair Plans To Open First Base In Romania In November

Thu, 14th Jan 2016 11:48

LONDON (Alliance News) - Ryanair Holdings PLC on Thursday said it will open a new base at Timisoara Airport, its first in Romania, in November.

The new base will have one based aircraft and seven new routes to Berlin, Brussels Charleroi, Dusseldorf Weeze, Frankfurt Hahn, London Stansted, Milan Bergamo and a double daily service to Bucharest.

The low-cost airline will invest USD100 million into the aircraft which it expects to attract 575,000 customers a year.

Shares in Ryanair were trading down 3.6% at 14.56 pence on Thursday morning.

By Karolina Kaminska; karolinakaminska@alliancenews.com @KarolinaAllNews

Related Shares

More News

2 May 2024 09:53

Ryanair air traffic up in April; Wizz Air's load factor dips

(Alliance News) - Ryanair Holdings PLC and Wizz Air Holdings PLC on Thursday released flight figures for the month of April, with both reporting a sli...

2 May 2024 07:48

LONDON BRIEFING: Shell unveils USD3.5 billion buyback; Melrose bullish

(Alliance News) - London's FTSE 100 is called to open higher on Thursday, after the Federal Reserve left rates unmoved and Chair Jerome Powell came ac...

8 Apr 2024 09:13

LONDON BROKER RATINGS: Wizz Air raised; HSBC cuts Rentokil to 'hold'

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday:

4 Apr 2024 14:39

RBC lifts forecasts for Ryanair, keeps at 'outperform'

(Sharecast News) - RBC Capital Markets has lifted its target price for budget airline Ryanair after upping its forecasts on the back of lower fuel cos...

3 Apr 2024 12:00

LONDON MARKET MIDDAY: Stocks down over US Fed rates cuts speculation

(Alliance News) - Stock prices in London were down at midday on Wednesday, as investors showed caution over the US interest rate cuts outlook, with co...