On Wednesday, Ryanair announced its plans for further expansion in Greece. It plans to open three new summer bases in Corfu, Chania and Rhodes. The investment is estimated to reach $400,000,000.
Dublin, Ireland: 24 March 2020
(c) Rynair aircraft
According to Ryanair, establishing new Greek summer bases will deliver:
Four additional aircraft
107 routes
46 new routes
243 weekly flights
120 local jobs
The bases include:
CORFU
2 aircraft
July to October
18 new routes
42 routes in total
97 weekly flights
CHANIA
1 aircraft
July to October
15 new routes
38 routes in total
90 weekly flights
RHODES
1 aircraft
July to October
13 new routes
27 routes in total
56 weekly flights
According to Rynair’s Commercial Director, Jason McGuinness,
“As vaccination rollout programmes continue in the coming months, air traffic is set to soar this Summer and we are delighted to announced three new summer bases in Greece, which will deliver four based aircraft in Corfu, Chania & Rhodes, 107 routes in total, including 46 new routes to popular destinations such as Barcelona, Bari, Marseille, Paphos, Tel Aviv and Verona among many others.
Greece is proving to be a resilient destination and is determined to lead the way in tourism recovery as we walk away from the Covid-19 pandemic. Following the announcement of the first travel corridors with Israel and Cyprus in April and the official re-opening to all international travel from 14th May, we are proud to support the resurgence of the country’s tourism industry and to offer both Greek visitors and customers greater choice and even lower fares.”
Experience from other destination, including Paphos, Cyprus, shows that a low cost airline base can make a major impact on all aspects of tourism, including both incoming and outbound flights.
Navigator Consulting supports tourism investments in Greece and has extensive experience in due diligence on tourism and property investments.
For further information, please contact:
Philip Ammerman
Managing Director
Sources:
Rynair Group Corporate. 24 March 2020
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