Ryanair

“If you build it, they will come. ” Those sententious words are often said of big infrastructure projects like sports stadiums and airports – especially ones hoping to make an economic case to attract funding. But there is a corollary: “If you make a hash of it, they will leave.”

And that is what is happening with Warsaw’s Modlin Airport, which has just lost the business of Wizz Air. The Hungarian low-cost carrier said this week it would transfer all its flights back to Warsaw’s nearby Chopin Airport. Continue reading »

As beyondbrics reported on Wednesday, Ryanair is to cut ten of its routes into Budapest. The low-cost airline will also reduce frequencies on nine of its remaining 20 routes into the Hungarian capital from January 10, 2013, chief executive Michael O’Leary confirmed on Thursday in Budapest, blaming rising fees imposed by Budapest Airport and the Hungarian Civil Aviation Authority. Continue reading »

Ryanair, the bargain-basement Irish carrier, is cutting one in three of its routes to Budapest as a result of increases in landing and handling fees imposed by both Budapest Airport, the German-owned airport operator, and the state-controlled Hungarian Civil Aviation Authority, beyondbrics has learned from industry sources. Continue reading »

The grounding in February of Malév, the Hungarian national airline, set alarm bells ringing in hotels in Budapest and beyond. The airline was, after all, responsible for some 40 per cent of the near 9m passengers using Liszt Ferenc Airport last year – and many of the arrivals were incoming tourists. Take those out of the mix, and you leave a big hole in what for Hungary is a vital economic sector for both earnings and employment.

Six months on, the statistics appear to show another story. But will it last? Continue reading »

The re-launch of Ryanair‘s services from Budapest has “probably” been the most  successful start up ever for Ryanair, Michael O’Leary declared in the Hungarian capital on Thursday.

But the low-cost Irish carrier’s flamboyant chief executive warned that recent government moves to raise land taxes at Budapest Airport was “a very dangerous step,” likely to hamper the recovery of air transport and tourism. Continue reading »