Ryanair to Exit London Southend Airport Base, Esken Says
06 Août 2021 - 7:12PM
Dow Jones News
By Joe Hoppe
Esken Ltd. said Friday that Ryanair Holdings PLC intends to
close its London Southend Airport base from the beginning of 2021's
winter season.
The U.K. infrastructure company, which owns and operates
Southend airport, said Ryanair will cease operations from November.
Ryanair signed a five-year agreement to base three aircraft at the
airport in 2018 and began operations on April 1, 2019.
The company attributed Ryanair's decision to the reduced volumes
following the coronavirus pandemic.
Esken said it is reviewing the potential effects of the decision
on its forecasts. It added that the impact should be mitigated by
reduced costs associated with serving Ryanair, as well as the low
level of passengers expected over winter.
Write to Joe Hoppe at joseph.hoppe@wsj.com
(END) Dow Jones Newswires
August 06, 2021 13:12 ET (17:12 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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