Ryanair announces 22nd base in Valencia, Spain

Ryanair, Europe’s largest low fares airline today (Thursday, 9th August 2007) announced its 22nd European base in Valencia. From November Ryanair will invest $140M in 2 new Boeing 737-800s based in Valencia and 11 new routes that will deliver a total of 1.5m passengers per annum.

Ryanair already operates 10 routes from Valencia to Brussels, Dublin, Dusseldorf, East Midlands, Frankfurt, London, Milan, Pisa, Rome and Stockholm, so this base will launch with a total of 21 Ryanair routes.

Announcing Ryanair’s 22nd base in Valencia, CEO Michael O’Leary said:

"Ryanair is delighted to make Valencia its 22nd base. Since 2004 Ryanair’s low fares have delivered a huge boost to tourism and business in the Valencia region where Iberia’s high fares and fuel surcharges have failed.

"We look forward to investing $140M in 21 routes from Valencia which will deliver a visitor spend of €200m and sustain 1,500 local jobs. As the recent Americas Cup has shown, Valencia has huge tourism potential and Ryanair’s new routes will guarantee the lowest fares and the most on-time flights for visitors to this region.”