SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16
of the Securities Exchange Act of 1934
For the month of June, 2008
RYANAIR HOLDINGS PLC
(Translation of registrant's name into English)
c/o Ryanair Ltd Corporate Head Office
Dublin Airport
County Dublin Ireland
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual
reports under cover Form 20-F or Form 40-F.
Form 20-F..X.. Form 40-F.....
Indicate by check mark whether the registrant by furnishing the information
contained in this Form is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange
Act of 1934.
Yes ..... No ..X..
If "Yes" is marked, indicate below the file number assigned to the registrant
in connection with Rule 12g3-2(b): 82- ________
RYANAIR REJECTS AER ARANN'S
CLAIMS
Ryanair, Ireland's largest airline,
today (Friday, 6
June 2008) rejected the
remarkable and completely ludicrous claim by Aer Arann's Pádraig
Ó Ceidigh who suggested in an Irish Times interview
that
"The biggest problem we (Aer
Arann) are facing is that Ryanair is all over us like a
rash"
. Ryanair confirmed that there
was no substance whatsoever to this ludicrous claim.
Ryanair pointed out that of its 670
routes, it competes with Aer Arann on just one (Dublin-Cork). Out of
Aer Arann's 40 plus routes they compete with Ryanair on just one
(Dublin-Cork). Even Aer Arann would find it difficult to explain how
Ryanair could be
"all over it like a
rash"
on just one of its 40 plus
routes.
Ryanair confirmed that these claims
by Pádraig Ó Ceidigh are designed to deflect attention from
its financial losses, at a time when Aer Arann have lost one of its PSO
subsidised routes (Dublin-Kerry) to Ryanair. This will reduce the
amount of Government subsidies received by Aer Arann by some €5m over
the next three years. The reality of Aer Arann's financial position
is that the combination of high fares, low load factors, poor punctuality
and the loss of massive Government subsidies will result in significant
losses this year. Aer Arann, which doesn't publish its accounts
(
a remarkable omission
for a company who received over €100 million in subsidies over the
last 6 years
) cannot survive without massive
Government subsidies. These attempts to blame Ryanair for its losses
have no substance when the two airlines compete on only one
route.
Ryanair believes that Aer Arann's
losses will rise as a result of the loss of the Dublin-Kerry subsidies and
it is questionable whether Aer Arann could survive at all without the
Government PSO subsidies.
Commenting today on
Pádraig Ó Ceidigh's
claims, Ryanair's Michael
O'Leary said:
"We compete with Aer Arann on just
one of our 670 routes. At a time when we plan to double in size
over the next 5 years, our major focus is on our principal competitors BA,
Air France and Lufthansa and not on tiny regional loss making airlines like
Aer Arann. We remain concerned that the Irish tax payer is still
paying out millions of unjustified subsidies annually to an unlimited
airline which doesn't publish any accounts. It is seriously
questionable whether this is a sensible use of tax payers' funds, which
should in our view be better spent on the health services or education in
Ireland. There is no truth to the claim that Ryanair is "all
over Aer Arann". We have demonstrated to the Competition Authority
that there was no truth in Aer Arann's claims on the Cork-Dublin route. Aer
Arann is simply trying to deflect attention from its ongoing and increasing
losses by blaming an airline which it competes with on just one of its 40
plus routes.
"Ryanair calls on Aer Arann to put
up or shut up. Aer Arann should publish its accounts and let its
customers see exactly whether it would be profitable or not or whether it
could even survive without these massive taxpayer
subsidies".
For
reference:
Lorna Farren -
Ryanair
Pauline McAlester - Murray Consultants
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has
duly caused this report to be signed on its behalf by the undersigned, hereunto duly
authorized.
RYANAIR HOLDINGS PLC
Date: 6 June 2008
By:___/s/ James Callaghan____
James Callaghan
Company Secretary & Finance Director