ArmInfo. Irish Ryanair low-cost airline is considering entering Armenia's aviation market. Armenian Deputy Prime Minister Tigran Avinyan wrote about this on his Facebook page.
"Yesterday, on the shore of Sevan, in the rest house of the Union of Artists, we together with head of the Civil Aviation Committee of Armenia Tatevik Revazyan, held a meeting with Irish Ryanair low-cost airline's Chief Commercial Officer David O'Brien and Director of Route Development Kate Sherry. We discussed issues related to the possible entry of the company into Armenia," Avinyan noted.
To note, the Irish Ryanair airline is the largest low-cost airline in Europe. Ryanair serves over 1600 destinations between 180 airports in 28 European countries and Morocco, making more than 1600 flights per day. The main airport hub for the airline is London Stansted. The busiest and most profitable airline flight is the London - Dublin route.
At the beginning of this year, the low-cost airline reported a loss of 20 million euro and related restructuring. According to the organization's representatives, within four months four low-cost airline divisions will be created: Laudamotion, Ryanair DAC, Ryanair UK and Ryanair Sun, each of which will have its own management and general director. The holding company was led by current Ryanair CEO Michael O'Leary.
According to ArmInfo analysts, against the backdrop of the crisis associated with strong competition with traditional carriers of the Old World (Great Britain, Spain, Germany, Italy, Greece, Portugal, Poland), Ryanair today is in dire need of new efficient markets. The arrival of the company in Armenia will completely change the matrix of aviation services in the country. Her arrival will undoubtedly be opposed by traditional air carriers, which provide rather expensive transit points to European hubs for Armenian passengers. The load on the Russian carriers, which provide interline flights to European destinations through Moscow airports, will somewhat decrease.