Ryanair Holdings(RYA)

Sector:

Travel & Leisure

Market Cap

€ 3,727.39m

Change Today

Price Down-€ 0.09

Share Price

€ 2.52

RYANAIR MANAGER JOINS AER LIN

RNS Number : 7011X
Ryanair Holdings PLC
27 June 2008
 






RYANAIR MANAGER JOINS AER LINGUS



Ryanair, this morning (Friday, 27th June 2008) announced that Sean Coyle, its Director of Scheduled Revenue, has resigned to take up the position of Chief Financial Officer in Aer Lingus Group plc in which Ryanair is a 29% shareholder. Ryanair regrets the decision of any employee to depart, but particularly when they are joining smaller high fare competitors.


Ryanair's Michael O'Leary said today:


"We wish Sean Coyle every success in his new role. We are pleased to see Aer Lingus recruit some decent management and hope that Sean will introduce some of the changes we have been calling for in Aer Lingus, such as reducing their short haul fares (which have long risen 5% in the last year) and scrapping their unfair and unjustified fuel surcharges which have been increased five times in the last year."


Ends.                                                                    Friday, 27th June 2008


For further information:


Daniel de Carvalho - Ryanair               Pauline McAlester - Murray Consultants

Tel: 00 353 1 812 1598                          Tel: 00 353 1 4980 300


This information is provided by RNS
The company news service from the London Stock Exchange
 
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