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-0.00247831474597275 -0.000531067445565607 0.00194724730040714 0.00177022481855198 -0.00106213489113121 -0.00159320233669669 -0.00265533722782791 -0.00194724730040714
Stock impact report

Ryanair to close Berlin base, halve flights over high charges [Yahoo! Finance]

Ryanair Holdings plc - American Depositary Shares, each representing five Ordinary Shares (RYAAY) 
US:NASDAQ Investor Relations: investor.ryanair.com
Company Research Source: Yahoo! Finance
Irish low-cost carrier Ryanair is closing its base at Berlin's international airport, withdrawing its seven passenger jets stationed in the German capital and halving its flight schedule over alleged plans to raise charges. The Berlin base will be closed on October 24 this year, the airline announced on Friday. Flights to the city will continue, but with aircraft based outside Germany. Ryanair's passenger numbers at Berlin-Brandenburg Airport (BER) are set to fall by around half in 2027, from 4.5 million to 2.2 million. The airline said the move is a direct consequence of the airport's plans to increase charges again between 2027 and 2029 by 10%, Ryanair said, adding that fees have already risen by 50% since the coronavirus pandemic. The airport's operator rejected the claim and said it was surprised by the announcement, with both sides currently in negotiations. "No such increase in airport charges is planned," a spokesman emphasized. Eddie Wilson, head of Ryanair in Germa Show less Read more
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