Business

Friday 22 September 2017

DAA deal spells further growth for Ryanair

Ryanair chief executive Michael O'Leary
Ryanair chief executive Michael O'Leary
John Mulligan

John Mulligan

Ryanair is set to expand its services at the capital from next year after signing a growth deal with the Dublin Airport Authority (DAA).

The airline’s boss, Michael O’Leary, as well as the head of the DAA, Kevin Toland, will unveil the plans tomorrow at Dublin’s Aviva Stadium.

In what is likely to be a major boost for the airport, Ryanair is likely to announce that it will bring over 500,000 extra passengers a year to Dublin Airport. It’s the first time in years that the pair – often at loggerheads - have managed to hammer out a growth agreement.

The expansion has put Mr O’Leary and the DAA in such a good mood that media and other representatives attending the announcement tomorrow morning are even being offered breakfast.

Last month, Ryanair pledged to bring an extra 1m passengers to Irish airports after Finance Minister Michael Noonan said he’ll scrap a controversial travel tax from next April.

Ryanair gave Shannon Airport, which now operates independently of the DAA, a huge boost last month when it announced that it will launch eight new routes from the airport next year. It will fly to Berlin, Munich, Krakow, Paris, Faro, the Canaries and Nice.

The airline said the increased services would result in 300,000 seats being added to Ryanair’s operations at Shannon in a full year, nearly doubling its capacity at the airport to 750,000.

Last month, Ryanair also announced expansion plans at Knock. It will open new routes to Eindhoven in the Netherlands, Kaunas in Lithuania, and to Glasgow Prestwick. Services to London Luton will be increased from 16 flights a week to 18. The growth will add an expected 80,000 passengers a year to the number carried through Knock.

Mr O’Leary has also said that he wants to increase traffic at Cork and Kerry following the axing of the travel tax, but his deputy, Michael Cawley, said the lion’s share of the 1m passenger growth would go to Dublin once an agreement was reached.

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