21st Aug 2012 18:06
RYANAIR UPDATE ON LONDON STANSTED AIRPORT SALE
As confirmed in Ryanair's 2012 annual report (issued 31 July) Ryanair has held discussions with a number of parties who are interested in bidding for Stansted Airport. In some of these discussions Ryanair has confirmed that it is willing (subject to a competitive cost offer) to deliver traffic growth at Stansted over a 5 year period and has been asked to consider acquiring a minority stake (of less than 25%) should a successful consortium consider it necessary or valuable to commit Ryanair to Stansted airport as a minority equity investor.
For further information
please contact:
Stephen McNamara
Ryanair
Tel: 353 1 812 1212
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