newstodate.aero
JUL 27, 2004 (newstodate): Expectations are running high in Latvia for Ryanair to announce today the launch of the airline's new Baltic strategy with Riga as its regional hub.
Ryanair's Michael O'Leary will reportedly visit Riga today to sign an agreement on the issue with the Latvian Ministry of Transportation.
If the agreement goes through, Latvia will emerge as the winner of the "Baltic contest" for budget airline traffic in the region, to the deficit of Estonia and Lithuania.
More budget airlines are prone to follow suit rapidly once Ryanair has announced its decision, says a local industry source.
Ryanair's Michael O'Leary will reportedly visit Riga today to sign an agreement on the issue with the Latvian Ministry of Transportation.
If the agreement goes through, Latvia will emerge as the winner of the "Baltic contest" for budget airline traffic in the region, to the deficit of Estonia and Lithuania.
More budget airlines are prone to follow suit rapidly once Ryanair has announced its decision, says a local industry source.