Ryanair eyes entering Armenian market

Categories: Armenia, Caucasus, and Monitoring.

The Irish low-cost airline Ryanair is looking into the possibility of entering the Armenian market, Armenian Deputy Prime Minister Tigran Avinyan wrote on his Facebook page.

He said the head of the Civil Aviation Committee Tatevik Revazyan and he had a meeting yesterday with the commercial director of the Irish company David O’Brien and another official Kate Sheri.

“We discussed a string of issues related to the possible entry of the airline into the Armenian market,” Avinyan wrote.

Earlier, Revazyan had said the low-cost airlines Ryanair and Wizz Air were  planning to enter the Armenian market in 2020 summer, if all the obstacles and problems connected to the purchase of new aircraft were eliminated.

To increase the attractiveness of the Armenian aviation market for low-cost airlines, the Aviation Committee has developed legislative amendments, providing for discounts for launching new air routes. The changes also eliminate the so-called ‘air tax”.

Ryanair  is an Irish low-cost airline founded in 1984, headquartered in Swords, Dublin, Ireland, with its primary operational bases at Dublin and London Stansted airports. In 2016, Ryanair was the largest European budget airline by scheduled passengers flown, and carried more international passengers than any other airline.

Ryanair operates more than 400 Boeing 737-800 aircraft, with a single 737-700 used primarily as a charter aircraft, but also as a backup and for pilot training. Ryanair’s route network serves 38 countries in Europe, North Africa (Morocco), and the Middle East (Israel, Lebanon and Jordan).

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