Ryanair to set up new Prague base

The company said two aircraft, at a total investment of $200m, and two new routes will operate from the base to Milan and Rome.

There will be five routes in total, with Brussels, Dublin and London also included.

The Prague base will deliver 625,000 customers a year and support 470 jobs at Prague Airport, Ryanair said.

Chief marketing officer Kenny Jacobs said: “This growth is an integral part of our continued expansion plans for both the Czech Republic and Eastern Europe, as we connect Prague with Europe's key centres of business with high frequency business-friendly services, including a double daily service to London and a daily route to Dublin, making Ryanair the ideal choice for both business and leisure customers.”

At 1420 BST, Ryanair shares were down 2.6% to €13.50.