Report of Foreign Issuer (6-k)
January 16 2020 - 10:40AM
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 January
2020
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 ON CHANCELLOR SAJID JAVID TO EXTEND FLYBE APD 'HOLIDAY' TO
ALL UK AIRLINE COMPETITORS
Ryanair, which
is the largest passenger airline operating to and from the UK today
(Thurs, 16 Jan) wrote to Chancellor of the Exchequer, Sajid Javid
MP, calling on him to extend the APD eco tax 'holiday' given to
Flybe, to all of its UK airline competitors including Ryanair,
Easyjet and BA, as otherwise this government subsidy to the
billionaire owners of Flybe will be in breach of Competition law
and State Aid rules.
Ryanair
pointed out that the Flybe business model is neither profitable nor
viable and has lurched from failure to failure repeatedly over the
last 20 years.
Ryanair also pointed out that while the Flybe
business model is unsustainable, it is owned by billionaires
including Richard Branson, Delta Airlines and Cyrus Capital, who do
not need a Government subsidy to prop up their failed airline
investments. Ryanair also rejected the false claims made by
Andrea Leadsom that Flybe has a 'viable' business model when everyone in the industry
knows that the Flybe business model is doomed to fail again and
again.
Ryanair's
Michael O'Leary said:
"This Government bailout of the
billionaire owned Flybe is in breach of both Competition and State
Aid laws. The Flybe model is not viable which is why its
billionaire owners are looking for a state subsidy for their failed
investment.
The reason why Flybe isn't viable is because it cannot compete with
lower fare services from UK regional airports on domestic and EU
routes provided by Ryanair, Easyjet, BA and others; and it cannot
compete with lower cost road and rail alternatives on many smaller
UK domestic routes. If Flybe fails (as it undoubtedly will
once this Government subsidy ends) then Ryanair, Easyjet, BA and
others will step in and provide lower fare flights from the UK
regional airports, as we already have to make up for the recent
failure of Thomas Cook Airways.
This Flybe 'subsidy' cannot comply with Competition, or State Aid
rules unless the same APD eco tax holiday and other Government
subsidies are extended to all other UK competitor airlines
including Ryanair, Easyjet, BA among others."
ENDS
For further information
please
contact:
Alejandra
Ruiz
Piaras Kelly
Ryanair
DAC
Edelman Ireland
Tel:
+353-1-9451949
Tel: +353-1-6789333
press@ryanair.com
ryanair@edelman.com
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: 16
January, 2020
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By:___/s/
Juliusz Komorek____
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Juliusz
Komorek
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Company
Secretary
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