22nd Mar 2007 16:17
Ryanair Holdings PLC22 March 2007 RYANAIR WELCOMES OPENSKIES - IT'S ABOUT TIME! Ryanair, Europe's largest low fares airline today (Thursday, 22nd March 2007)welcomed the introduction of Open Skies between the EU and the US. As Ryanairhas successfully proved in Europe, the liberalisation of air transport deliversincreased competition, better choice and lower airfares for consumers. Speaking today, Ryanair's Head of Communications Peter Sherrard said: "Ryanair welcomes this Open Skies agreement because Irish passengers will now enjoy greater choice and lower airfares on transatlantic routes. For years, prices have been too high on these routes because of Government controlled bi-lateral agreements. "Ryanair calls on the EU to use this opportunity to apply the benefits of deregulation to airports too. In Ireland, consumers are still paying for an absence of competition in this sector, which is bedevilled by protected monopoly airports. "Real competition would put an end to the Dublin Airport Monopoly's plans to make passengers pay for a €750m 'Taj Mahal' second terminal when similar sized terminals are being built elsewhere in Europe for a tenth of the price. If passengers are enjoying the benefits of competition between airlines, then surely they deserve an end to Government protected airport monopolies too". Ends. Thursday, 22nd March 2007 For further information: Peter Sherrard Pauline McAlester Ryanair Murray ConsultantsTel: 00 353 1 812 1228 Tel: 00 353 1 4980 300 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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