New low-fares airline for Shannon and Belfast
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New low-fares airline for Shannon and Belfast
The Irish airline market is set to become more competitive with the establishment of a new low-fares airline in 2006, The Sunday Business Post has learned.
The unnamed airline is expected to operate cheap flights out of Belfast and Shannon to destinations in southern and eastern Europe, targeting both the holiday and immigrant markets. It may also operate routes out of Dublin, Cork and London.
The venture is the brainchild of David Keys, a low-profile Belfast-based entrepreneur in his mid-twenties. Keys, who is expected to be a majority shareholder in the business, is believed to have secured the financial backing of a wealthy Irish businessman.
An unnamed former director of Ryanair is believed to have accepted the post as chairman of the new airline, which will lease several Airbus aircraft to get the business off the ground.
Keys is believed to have extensive commercial property interests in Ireland and Europe. He is behind the successful Northern website commercialpropertyni.com
http://www.thepost.ie/post/pages/p/s...011-qqqx=1.asp
The unnamed airline is expected to operate cheap flights out of Belfast and Shannon to destinations in southern and eastern Europe, targeting both the holiday and immigrant markets. It may also operate routes out of Dublin, Cork and London.
The venture is the brainchild of David Keys, a low-profile Belfast-based entrepreneur in his mid-twenties. Keys, who is expected to be a majority shareholder in the business, is believed to have secured the financial backing of a wealthy Irish businessman.
An unnamed former director of Ryanair is believed to have accepted the post as chairman of the new airline, which will lease several Airbus aircraft to get the business off the ground.
Keys is believed to have extensive commercial property interests in Ireland and Europe. He is behind the successful Northern website commercialpropertyni.com
http://www.thepost.ie/post/pages/p/s...011-qqqx=1.asp
