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The secret of Ryanair’s cheap flights and guarantees

panorama.am15 hours ago
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The secret of Ryanair’s cheap flights and guarantees

The announcements about Ryanair’s entry into the Armenian market and cheap flights offered by the airline have caused a great stir among the public. Despite the fact that the Irish budget carrier will launch flights from mid-January, Yerevan residents already plan to meet and have coffee in the center of Rome.

With the excitement still alive, talks go that the airline will receive funds from the state budget.

In a Facebook post on Thursday, Prime Minister Nikol Pashinyan said Armenia will not collect departure taxes on flights to the destinations that have not been served by the Yerevan or Gyumri airports over the past one year, with additional ‘financial incentives’ to be applied in case of Gyumri. The PM didn’t elaborate on the incentives.

Speaking to Panorama.am, Pashinyan’s spokesman Vladimir Karapetyan assured no funds from the state budget will be allocated to the airline.

“Yes, there will be no budgetary spending. We have worked out a formula with the Armenia International Airports to support tourism development and increase the number of flights by the airline,” the spokesman said, but provided no other details.

Karapetyan also refuted the statement made by Russ...

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