Ryanair cuts Riga frequencies, citing security tax
Posted 05/12/2011
Ryanair (FR) said it will cut 42 frequencies from its network to/from Riga airport (RIX), citing the new €6.50 ($8.75) security tax imposed by the Latvian government that becomes effective Jan. 1.
Beginning Jan. 12, FR will close routes to/from Bristol and Bremen and reduce frequencies on another eight routes, including London Stansted, Bergamo and Rome Ciampino. It serves 16 destinations to/from RIX.
The LCC predicts the capacity reduction will result in the loss of more than 300,000 passengers, 300 jobs and over €30 million in tourism revenue.
Originally published 2 Dec 2011 at: http://feeds.atwonline.com/~r/AtwDailyNews/~3/R9Lsu7i4Qmw/ryanair-cuts-riga-frequencies-citing-security-tax-1202
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