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Air fares war at Leeds Bradford Airport
AN AIR fares war is set to break out at Leeds Bradford Airport.
Irish low-cost airline Ryanair on Tuesday revealed plans to invest £85m in the airport, launching 14 new routes across Europe catering for one million new passengers.
Ryanair chief executive Michael O'Leary claims the move – which follows the announcement of a £28m revamp of the airport – will help create and sustain up to 1,000 jobs.
However, many of the new routes mirror ones already being run by Leeds-based Jet2.com.
Mr O'Leary threw down the gauntlet to Jet2.com and flybe.com, which also operates out of Leeds, saying: "We have come to Leeds because it is one of the airports that doesn't really have any of the low cost airlines.
"I know it has a couple masquerading as low cost and I have been told not to criticise any of the current airlines, but it's a fact to say that they charge high fares.
"This (announcement] is nothing but good news for everyone with the exception of a couple of the high fare airlines who are charging fares that are too high. But we will force them all down over the next year.
"If the airport can support three million passengers currently paying high fares then I don't think we will have a problem getting another one million at low fares."
Jet2.com boss Philip Meeson retorted: "He would say that because he doesn't have much else to say. Ryanair pretend to have low fares but there are lots of hidden extras which make the advertised air fares extremely expensive for families in particular who need to take luggage.
"We are sorry that he has not chosen new destinations because we feel we are already meeting demand in that area. Let's see if Ryanair are still here in two years' time."
Airport chief executive John Parkin said the deal with Ryanair, coupled with the forthcoming expansion, would help the airport with its ambition of achieving five million passengers a year.
He added: "This is a vote of confidence in the region and in the airport. It makes Leeds Bradford an important player."
Deputy leader of Leeds City Council Andrew Carter said: "This expansion is extremely welcome in these economic times."
Ryanair will open its Leeds Bradford base – its 11th in the UK and its 34th in Europe – in March 2010.
Its 14 new routes are to Carcassonne, Montpellier, Limoges and Nantes in France, Faro in Portugal, Ibiza, Malaga, Murcia and Palma in Spain, Knock in Ireland, Malta, Krakow in Poland and Pisa and Venice in Italy. Ryanair already flies to Dublin, Alicante and Barcelona. The new routes go on sale on Thursday.
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The Source link includes a video if anyone wants to watch it.
On the video MOL says "the airport could have given us a better deal, but we have reached an agreement.", he goes on to say that "the investment by us will make Leeds Bradford, not only the fastest growing airport in the UK but also Europe."