10th Mar 2015 10:25
LONDON (Alliance News) - Ryanair Holdings PLC on Tuesday said it will triple the number of aircraft it has at Cologne Airport in Germany, with plans to launch seven new routes and increase customer numbers to 2 million per year.
Ryanair said it will invest USD300 million to increase the number of aircraft it has based at Cologne to three from one currently.
It will also launch seven new routes - to Berlin, Copenhagen, Gran Canaria, Milan, Porto, Valencia and Warsaw - from the airport, bringing the total number of routes it serves to 17. It also intends to add extra flights to London, Palma, Rome and Tenerife.
Ryanair said it expects the changes to increase the number of customers it carries from the airport to 2 million per year.
"Germany is a significant growth market for Ryanair and we will continue to connect key German cities with Europe's major centres of business, with new Cologne routes to Berlin, Copenhagen, Milan and Warsaw, and extra flights to and from London and Rome, making Ryanair the ideal choice for both business and leisure customers," said Ryanair Head of Communications Robin Kiely.
Shares in Ryanair were up 0.6% to EUR10.53 on Tuesday.
By Sam Unsted; [email protected]; @SamUAtAlliance
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