Ryanair shares slump 5% after Luton statement

SHARES in Ryanair slumped by 5% yesterday after the airline said it would invest €195 million expanding its base at Luton Airport.
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.”

Already a subscriber? Sign in

You have reached your article limit.

Unlimited access. Half the price.

Annual €120 €60

Best value

Monthly €10€5 / month

More in this section

The Business Hub

Newsletter

News and analysis on business, money and jobs from Munster and beyond by our expert team of business writers.

Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited