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Ryanair To Invest USD200 Million In New Prague Base

6th Apr 2016 12:54

LONDON (Alliance News) - Ryanair Holdings PLC on Wednesday said it will open a new base at Prague Airport from October 30.

Two aircraft at a total investment of USD200 million will operate at the base, covering two new routes to Milan and Rome as well as routes to Brussels, Dublin and London.

The low-cost airline said the new base will deliver 625,000 customers a year and support 470 jobs at Prague Airport.

"This growth is an integral part of our continued expansion plans for both the Czech Republic and Eastern Europe, as we connect Prague with Europe's key centres of business with high frequency business-friendly services," Chief Marketing Officer Kenny Jacobs said in a statement.

Shares in Ryanair were trading down 2.1% at EUR13.57 on Wednesday afternoon.

By Karolina Kaminska; [email protected] @KarolinaAllNews

Copyright 2016 Alliance News Limited. All Rights Reserved.


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