Budget airline Ryanair to expand German base

15th April 2005, Comments 0 comments

15 April 2005, DUBLIN/LONDON - Irish budget airline Ryanair said on Thursday it was planning to set up a new European hub in Lübeck, on north-west Germany's Baltic coast.

15 April 2005

DUBLIN/LONDON - Irish budget airline Ryanair said on Thursday it was planning to set up a new European hub in Lübeck, on north-west Germany's Baltic coast.

The Dublin-based carrier said it intended to invest more than EUR 250 million to create a base at Lübeck, near Hamburg, for up to four new Boeing 737 jets operating 10 routes.

The move would eventually create up to 2,000 jobs and generate up to two million passengers a year through the airport, Ryanair said.

Realisation of the plans depends on a deal with the prospective new owner of Luebeck airport, New Zealand-based infrastructure investment group Infratil, Ryanair said.

The expected increase in passenger traffic would lift Lübeck into the top ten international airports in Germany, the company said.

DPA

Subject: German news

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