Stansted and Ryanair

Ryanair’s much heralded press conference last Monday in conjunction with MAN (Manchester Airport Group) turned out to be something of a damp squib with the airline announcing a 10-year deal to base more aircraft at Stansted but no real specifics.  The airline says that it will grow its traffic at Stansted by over 50%, from 13.2m passengers in 2012 to over 20m in 2019.

For 2014 Ryanair will offer 120 routes, with Bordeaux, Dortmund, Lisbon and Rabat added, operated by 43 aircraft.  Ryanair represents 75% of the airport’s passenger business.

MAG’s Chief Commercial Officer, Ken O’Toole, who formerly held a similar position at Ryanair, had this to say:
 
“The new long term agreement between Ryanair and MAG at Stansted shows that competition really does work, and it represents great news for both passengers and UK businesses.  The deal secures a new and exciting era for both Ryanair and Stansted, and we're delighted to be supporting the airline's growth over the next 10 years.
 
Today’s announcement, coupled with our £80m investment in the terminal, confirms that Ryanair shares our confidence, and shows how we are succeeding in transforming Stansted under new ownership.  Stansted has a really bright future in providing international connectivity for the UK”. www.stanstedairport.com

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