Ryanair chief to unveil new Zagreb base development


Ryanair Group’s CEO, Michael O’Leary, will host a press conference in Zagreb next Tuesday afternoon where he is expected to announce the company’s latest growth plans for the Croatian capital. Its group member, Lauda Europe, currently has two aircraft based in the city, with a third to be stationed in December, when an additional eight new destinations are to be launched. As reported last week, Mr O’Leary is expected to make public a new set of route launches for next year, as the airline aims to have up to forty destinations from its Zagreb base. The carrier will boast 24 points in Europe from the Croatian capital by the end of the year, based on its existing plans.

The budget airline has already started modifying its planned operations for next summer season, which begins in late March 2022. It plans to introduce an additional weekly flight to Charleroi and Weeze, totalling five and three weekly rotations respectively. The carrier previously noted, "Ryanair is quite an opportunistic company and there are a lot of places we don't fly to and people ask why. We have many places where we could place our capacities and where there is a market gap for us, and one of them was Zagreb. What you have here is that an airport needs passengers and they put an incentive in. The only way they are going to get a return on that is not by putting up prices but by generating more passengers to spread it across their fixed costs. So, the more passengers they get, the more efficient they get and the more revenue streams they get. It’s the way everything works. Constraining that is the wrong way to do it”.

Speaking at the airline’s annual general meeting yesterday, Mr O’Leary said, “Ryanair has opened ten new bases across Europe this year as we work with airport partners to help them recover traffic and jobs post Covid, and take up slot opportunities that are being vacated by competitor airlines who have collapsed or significantly reduced their fleet sizes”. He added, “Only Ryanair has used this crisis to place significantly increased aircraft orders, to expand our airport partnerships, and to secure lower operating costs so that we can pass on even lower fares to our guests, so that together with our airport partners, we can recover strongly from the Covid pandemic and deliver higher than expected growth in both traffic and jobs over the next five years. Ryanair is accelerating its post-Covid growth, as opportunities open up at primary and secondary airports all over Europe, particularly where legacy carriers have failed or reduced fleet sizes as a result of Covid and state aid".



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