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Ryanair set for £8 flights to US

Ryanair plans to undercut its struggling competitors on prices

Budget airline Ryanair is to offer flights to the US for eight pounds, by buying planes from struggling rivals.

The plan will be revealed when chief executive Michael O'Leary announces the firm's quarterly results on Monday.

"Economy class will be very cheap, around 10 euros, but our business class will be very expensive," he said in a newspaper interview.

Ryanair's second quarter profits are expected to fall, due to higher fuel prices and its decision to cut fares.

Mr O'Leary is expected to announce plans to buy more than 50 extra aircraft, as part of plans to beat the recession by undercutting more expensive rivals.

"We'll just have to keep flying more aircraft, opening up more routes and offering people more cheap flights," Mr O'Leary said. Profits down

 

 

The flights - which could begin by the end of next year - would be available for those booking early. Passengers would pay airport taxes on top of the fares.

The transatlantic flights are likely to go from Stansted and Dublin airports to New York, Florida, Los Angeles, San Francisco and Boston.

 

 

new 6 star hotel announced for Glasgow

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Developers of a new hotel today said it would be one of the most luxurious in the UK.

Jumeirah Group, which already operates the famous Burj Al Arab Hotel in Dubai, has unveiled details of the "five-star super deluxe" development in Glasgow.

The 26-storey Jumeirah Glasgow Hotel on Argyle Street will have 160 rooms, a rooftop cocktail lounge, swimming pool, health spa and gym and
extensive conference facilities.

There will also be an adjoining luxury block with 68 serviced apartments.

Charles Price, CEO of Progress Property Developments, the developer behind the hotel, said: "We believe the hotel will be one of the most luxurious in the UK and we are very pleased to have Jumeirah join us as a partner in this exciting development.

"We have already worked closely with Jumeirah over the last few months on the details of our proposed development and we are confident that their involvement will help further ensure the success of this exciting project."

Guy Crawford, chief executive of Jumeirah Group, added: "We are delighted to announce this exciting development for Jumeirah in the heart of such a dynamic city."

Leader of Glasgow City Council Steven Purcell said: "Today's announcement is a resounding vote of confidence in Glasgow and its future ambitions."

The hotel, which is Jumeirah's fifth in Europe, is scheduled to open in 2011.

It will be the first in the UK outside London.

 

Their Glasgow hotel will face on to Argyle Street at the corner of Robertson Street. Features will include a spa, gym, restaurants, rooftop cocktail lounge and 630-seat ballroom.

There will be 160 luxury rooms as well as 85 serviced flats for guests planning an extended visit.

Plans for the hotel have resulted in a stand-off between developers and pawnbrokers Robert Biggar who occupy part of the site.

Shop owner Edward Fox has described offers of up to £950,000 for his premises as "paltry".

But city councillors have insisted the development will go ahead - and agreed to take out a compulsory purchase order if necessary.

Jumeirah signed a deal for the hotel with Glasgow-based Progress Property Developments yesterday.

PPD operate primarily in Scotland. PPD chief Charles Price insisted plans for the luxury hotel would not fall foul of the credit crunch.

The Glasgow-born boss said: "I was in Dubai last week and they think the credit crunch is a new type of breakfast cereal."

Glasgow City Council leader Steven Purcell said yesterday: "This announcement is a resounding vote of confidence in Glasgow and its future ambitions."

 

Simon Calder, the Independent's travel editor, said the new hotel would transform Glasgow's skyline and image.

"The fact that the Jumeirah group have chosen to put Glasgow with London, New York and Shanghai as one of the locations for a new hotel speaks volumes for the city," he said.

"It's also going to create a new dimension to Glasgow and Edinburgh's relationship - Edinburgh will certainly be looking to see how they can respond to it, maybe by going for the elusive seven-star hotel.

"Boutique hotels, which are offering a bit of class and individuality on a budget, are very popular - but a high-end six-star hotel has to be a good thing."

Ryanair slams BP over fuel at Prestwick
 

RYANAIR today accused oil giant BP of profiteering and abuse of a monopoly over a 50% rise in fuel delivery charges at Prestwick Airport.

The budget airline said it was referring BP to the Office of Fair Trading (OFT) over the "unjustified" increases.

Ryanair called on the OFT to investigate BP's attempts to impose increases of more than 50% on the delivery cost of aviation fuel at Prestwick and Belfast City airports when inflation was running at 5%.

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Air BP has a monopoly on fuel at both airports.

Ryanair said it wrote to Air BP requesting an explanation for "these rapacious increases" but it refused to provide any valid justification, claiming the increases were due to rising oil costs.

Ryanair said it called on the OFT to take immediate action against what it said was profiteering and abuse of monopoly.

Jim Callaghan, Ryanair's director of legal and regulatory affairs, said: "This is the kind of blatant abuse of a monopoly position that the OFT was established to deal with.

"Air BP has a complete monopoly on the supply of aviation fuel at these airports and is abusing this position to unilaterally impose 50% cost increases for delivery of aviation fuel.

"This abuse comes at a time when BP and the other oil majors are making record billion-pound profits at the expense of the aviation industry, which is in crisis.

"Despite repeated requests, Air BP has failed to provide any valid justification for these inflation-busting rises."

Mr Callaghan said that of the 150 airports at which Ryanair operated, Belfast City and Prestwick were the only two where Air BP had a monopoly.

He called on the OFT to take action against Air BP to prevent it imposing the increases.

He said Belfast City Airport had made it known to the airlines that if Air BP and Ryanair are unable to agree on pricing, it would be looking at introducing alternative suppliers.6/10/08