Low-cost company Ryanair had about 70 flights from and for Valencia, Spain. They had 750,000 passengers a year and several hundred people were collaborating with them.
All the flights towards the 10 European destinations will be cancelled starting the 4th of November.
The closing of the Valencia base comes as a result of a lack of agreement between the company and the local authorities. The Irish executives say that the airport did not get enough promotion and neither did the Ryanair routes and flights.
The carrier advised they had invested more than £85 million, consisting of two aircrafts based in Valencia, and have directly employed about 60 persons in Valencia. The good news is that they have the opportunity to keep working for Ryanair, if they accept to relocate to another base.
The airline’s representatives opened the base in August last year, and they were satisfied with how things were going, but they could not go past the local authorities’ refusal to collaborate and to offer them at least part of the privileges and funds they granted the local airline, called Air Nostrum.
Posted under Business, International
This post was written by Dana Ciucalau on October 26, 2008
Join and subscribe to our free daily digest














