Report of Foreign Issuer (6-k)
October 25 2016 - 8:43AM
Edgar (US Regulatory)
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16
of the Securities Exchange Act of 1934
For the
month of October 2016
RYANAIR HOLDINGS PLC
(Translation
of registrant's name into English)
c/o Ryanair Ltd Corporate Head Office
Dublin
Airport
County Dublin Ireland
(Address
of principal executive offices)
Indicate
by check mark whether the registrant files or will file
annual
reports
under cover Form 20-F or Form 40-F.
Form
20-F..X.. Form 40-F.....
Indicate
by check mark whether the registrant by furnishing the
information
contained
in this Form is also thereby furnishing the information to
the
Commission
pursuant to Rule 12g3-2(b) under the Securities
Exchange
Act of
1934.
Yes
..... No ..X..
If
"Yes" is marked, indicate below the file number assigned to the
registrant
in
connection with Rule 12g3-2(b): 82- ________
RYANAIR CALLS FOR 3 RUNWAY SOLUTION TO LONDON CAPACITY
CRISIS
Ryanair,
the UK's favourite airline, today (25 Oct) called on Theresa May's
Government to stop dithering over additional runway capacity in the
south east and approve a 3 runway solution, which will allow each
of London's competing airports (Heathrow, Gatwick and Stansted) to
develop additional runways as and when they see fit to do so. By
approving 3 competing runways, the UK Government can allow
competition to encourage these airports to keep the costs of these
runway developments down, thereby providing a better solution for
UK consumers and visitors.
Ryanair,
which has long campaigned for more competition and choice between
runways, criticized today's decision to approve just a third runway
at Heathrow. This will allow Heathrow to waste over £18bn on a
third runway, an excessive monopoly cost that will have to be paid
for in higher air fares for many years to come. In addition, this
third runway won't be open until 2025 by which date it will already
be full at peak periods, and so another runway (or two) in the
south east will then be necessary.
Ryanair's CEO Michael O'Leary said:
"This piecemeal approach to runway infrastructure in the south east
is damaging British tourism and the competitiveness of London
airports. Approving a third runway at Heathrow over Gatwick is not
the way forward. London now benefits from 3 competing airports, and
3 large competing airlines (BA, easyJet and Ryanair) and the best
way to deliver additional runways in a timely and cost efficient
manner is to approve 3 additional runways, one each at Heathrow,
Gatwick and Stansted. The threat of additional runways at
competitor airports will force Heathrow to keep its costs down
while developing a third runway in the most timely and efficient
manner.
Today's decision, which implies that Heathrow can build a third
runway at the expense of Gatwick and Stansted, will simply
encourage this Spanish-owned monopoly to yet again waste billions
on gold plated expensive facilities, and game the regulatory system
with higher airport fees and higher air fares.
Theresa May's Government in a post-Brexit world has promised to
make Britain an open, competitive and outward looking economy.
Today's decision to approve just 1 runway (instead of the 3
competing runways) does not achieve this objective. It's a return
to monopoly featherbedding at Heathrow, and a continuation of
runway capacity constraints in the south east that will ultimately
be bad for consumer choice and fares.
At a time when the UK benefits from having 3 competing airports in
London, and 3 strong competing airlines, we now need 3 additional
runways to enable London and the south east to continue to offer
competitive airport fees, lower air fares and a better deal for UK
citizens and visitors."
ENDS
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For
further information
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Robin Kiely
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Piaras Kelly
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please contact:
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Ryanair Ltd
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Edelman Ireland
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Tel: +353-1-9451949
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Tel: +353-1-6789333
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press@ryanair.com
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ryanair@edelman.com
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SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf
by the undersigned, hereunto duly authorized.
Date: 25
October, 2016
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By:___/s/
Juliusz Komorek____
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Juliusz
Komorek
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Company
Secretary
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