RyanAir: Israeli gov't thwarting Tel Aviv flights

RyanAir deputy CEO: Israel has phenomenal potential, but they're having difficulty, conceptually, in saying, 'We want to open the market completely.'

"The Times" reports that Irish low-cost carrier RyanAir Ltd. (LSE; ISEQ: RYA, Nasdaq: RYAAY) wants to fly to Tel Aviv, but accuses the Israeli government of keeping airport costs high to protect El Al Israel Airlines Ltd. (TASE: ELAL).

"The Times" quotes RyanAir deputy CEO Michael Cawley as saying, “Israel has phenomenal potential, but they're having difficulty, conceptually, in saying, 'We want to open the market completely and allow El Al to compete'."

Published by Globes [online], Israel business news - www.globes-online.com - on January 30, 2013

© Copyright of Globes Publisher Itonut (1983) Ltd. 2013

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