Ryanair plans to more than triple the number of planes based at Frankfurt airport next winter, boosting the low-cost carrier’s position in Deutsche Lufthansa’s backyard.
The Dublin-based airline will increase the number of jets at Lufthansa’s main hub to seven after initiating expansion there in November with plans for just two planes, the chief executive Michael O’Leary said in Frankfurt on Tuesday. Ryanair will boost routes from the airport to 24 from four, with the services to include business-oriented flights to London, Madrid and Milan as well as traditional leisure destinations.
Ryanair is taking advantage of its low cost base to challenge legacy carriers on short-haul routes. The goal is to effectively squeeze rival carriers out of the segment and offer feeder services to their long-haul routes. With the push, Mr O’Leary had to backtrack on previous commitments to never fly to the German financial centre’s main airport.
“We’re a bit of a pimple on the side of the big beast of Lufthansa,” Mr O’Leary said on Tuesday. While “we’re very pleased to be flying” from Frankfurt’s hub, “it is one of the most expensive airports in Germany”.
He said Ryanair is set to have the second-biggest market share in Germany by the end of the year, overtaking airberlin, which is halving its core fleet. Amid pressure from Ryanair and other low-cost rivals, Lufthansa has started to cooperate with airberlin and its backer, Etihad Airways.
Mr O’Leary today hit out again at Lufthansa’s plans to lease 38 Air Berlin aircraft, adding that the carrier has submitted an objection on competition grounds. “There seems to be no problem with biggest airline effectively closing down the second-biggest,” he said. “We think this is very bad for consumers.”
* Bloomberg
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UAE v IRELAND
All matches start at 10am, and will be played in Abu Dhabi
1st ODI, Friday, January 8
2nd ODI, Sunday, January 10
3rd ODI, Tuesday, January 12
4th ODI, Thursday, January 14
UAE currency: the story behind the money in your pockets
RESULTS
6.30pm: Emirates Holidays Maiden (TB) Dh 82,500 (Dirt) 1,900m
Winner: Lady Snazz, Richard Mullen (jockey), Satish Seemar (trainer).
7.05pm: Arabian Adventures Maiden (TB) Dh 82,500 (D) 1,200m
Winner: Zhou Storm, Connor Beasley, Ali Rashid Al Raihe.
7.40pm: Emirates Skywards Handicap (TB) Dh 82,500 (D) 1,200m
Winner: Rich And Famous, Royston Ffrench, Salem bin Ghadayer.
8.15pm: Emirates Airline Conditions (TB) Dh 120,000 (D) 1,400m
Winner: Rio Angie, Sam Hitchcock, Doug Watson.
8.50pm: Emirates Sky Cargo (TB) Dh 92,500 (D) 1,400m
Winner: Kinver Edge, Richard Mullen, Satish Seemar.
9.15pm: Emirates.com (TB) Dh 95,000 (D) 2,000m
Winner: Firnas, Xavier Ziani, Salem bin Ghadayer.
Ukraine
Capital: Kiev
Population: 44.13 million
Armed conflict in Donbass
Russia-backed fighters control territory
Company Profile
Company name: NutriCal
Started: 2019
Founder: Soniya Ashar
Based: Dubai
Industry: Food Technology
Initial investment: Self-funded undisclosed amount
Future plan: Looking to raise fresh capital and expand in Saudi Arabia
Total Clients: Over 50
'Spies in Disguise'
Director: Nick Bruno and Troy Quane
Stars: Will Smith, Tom Holland, Karen Gillan and Roshida Jones
Rating: 4 out of 5 stars
The specs
Engine: 1.5-litre turbo
Power: 181hp
Torque: 230Nm
Transmission: 6-speed automatic
Starting price: Dh79,000
On sale: Now
The Perfect Couple
Starring: Nicole Kidman, Liev Schreiber, Jack Reynor
Creator: Jenna Lamia
Rating: 3/5
Greatest of All Time
Starring: Vijay, Sneha, Prashanth, Prabhu Deva, Mohan
Founders: Abdulmajeed Alsukhan, Turki Bin Zarah and Abdulmohsen Albabtain.
Based: Riyadh
Offices: UAE, Vietnam and Germany
Founded: September, 2020
Number of employees: 70
Sector: FinTech, online payment solutions
Funding to date: $116m in two funding rounds
Investors: Checkout.com, Impact46, Vision Ventures, Wealth Well, Seedra, Khwarizmi, Hala Ventures, Nama Ventures and family offices
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Company%20Profile
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Company%20Profile
%3Cp%3E%3Cstrong%3EName%3A%3C%2Fstrong%3E%20HyveGeo%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%202023%3Cbr%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Abdulaziz%20bin%20Redha%2C%20Dr%20Samsurin%20Welch%2C%20Eva%20Morales%20and%20Dr%20Harjit%20Singh%3Cbr%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3ECambridge%20and%20Dubai%3Cbr%3E%3Cstrong%3ENumber%20of%20employees%3A%3C%2Fstrong%3E%208%3Cbr%3E%3Cstrong%3EIndustry%3A%20%3C%2Fstrong%3ESustainability%20%26amp%3B%20Environment%3Cbr%3E%3Cstrong%3EFunding%3A%20%3C%2Fstrong%3E%24200%2C000%20plus%20undisclosed%20grant%3Cbr%3E%3Cstrong%3EInvestors%3A%20%3C%2Fstrong%3EVenture%20capital%20and%20government%3C%2Fp%3E%0A
Washmen Profile
Date Started: May 2015
Founders: Rami Shaar and Jad Halaoui
Based: Dubai, UAE
Sector: Laundry
Employees: 170
Funding: about $8m
Funders: Addventure, B&Y Partners, Clara Ventures, Cedar Mundi Partners, Henkel Ventures
The specs
Price: From Dh529,000
Engine: 5-litre V8
Transmission: Eight-speed auto
Power: 520hp
Torque: 625Nm
Fuel economy, combined: 12.8L/100km
BEETLEJUICE BEETLEJUICE
Starring: Winona Ryder, Michael Keaton, Jenny Ortega
Director: Tim Burton
Rating: 3/5
ANDROID%20VERSION%20NAMES%2C%20IN%20ORDER
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Match info
Athletic Bilbao 0
Real Madrid 1 (Ramos 73' pen)
The%20specs%3A%20Macan%20Turbo
%3Cp%3E%3Cstrong%3EEngine%3A%20%3C%2Fstrong%3EDual%20synchronous%20electric%20motors%3Cbr%3E%3Cstrong%3EPower%3A%20%3C%2Fstrong%3E639hp%3Cbr%3E%3Cstrong%3ETorque%3A%20%3C%2Fstrong%3E1%2C130Nm%3Cbr%3E%3Cstrong%3ETransmission%3A%20%3C%2Fstrong%3ESingle-speed%20automatic%3Cbr%3E%3Cstrong%3ETouring%20range%3A%20%3C%2Fstrong%3E591km%3Cbr%3E%3Cstrong%3EPrice%3A%20%3C%2Fstrong%3EFrom%20Dh412%2C500%3Cbr%3E%3Cstrong%3EOn%20sale%3A%20%3C%2Fstrong%3EDeliveries%20start%20in%20October%3C%2Fp%3E%0A