Ryanair shares slump 5% after Luton statement
Ryanair said it would start nine new routes to Europe from Luton, near London and base four new Boeing aircraft at the airport as part of its expansion plans. The airline’s chief executive Michael O’Leary said the expansion will create 1,000 new jobs at the airport and in the local economy.
“Consumers using London Luton Airport now have a real low fares airline offering fares that are half the price of Easyjet, serving 11 destinations throughout Europe and delivering unbeatable punctuality, and that’s Ryanair.”