14th Jan 2016 11:50
(Correcting currency of Ryanair shares)
LONDON (Alliance News) - Irish carrier 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 USD100.0 million into the aircraft which it expects to attract 575,000 customers a year.
Shares in Ryanair were trading down 3.8% at EUR14.54 on Thursday morning.
By Karolina Kaminska; [email protected] @KarolinaAllNews
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