Ryanair can borrow Modlinowi for expansion – Pasazer.com

Modlin needs a larger terminal before 2019. We are ready to borrow money for expansion – said in an interview with Pasazer.com Michael O’Leary, CEO of Ryanair. A larger terminal will, however, at the earliest in three years.

 
– Airport wasting his potential. It seems to me that it is mainly a question of funding and dogadania to shareholders. We talk to them and say: “build a this airport.” If you need support, we are ready to borrow money for expansion Modlinowi – said in an interview with Pasazer.com Michael O’Leary , CEO of Ryanair.

Modlin is now approaching capacity limits. Currently, the capacity of the terminal is approx. 3 million passengers a year. Modlin estimates that come close to this level already this year – in 2015. Handled 2.59 million passengers. The expansion plans in detail spoke in an interview with Peter Pasazer.com Okienczyc, then president of airports (and now vice-president), in the middle of last year.

– We’ll start with the expansion of the terminal portion of the zoom, the exhaust of the four segments. This will achieve throughput of 5 million passengers per year – announced in February this year. Marcin Daniil , vice president of Modlin airport.

However, the extended terminal will handle first passengers will most likely only in 2019. Such a schedule presented at a press conference Leszek Chorzewski, p.o. President and Vice President. sales and marketing of the airport in Modlin. The airport already has a ready architectural concept, the final design will be announced in the autumn. The tender for the construction of the terminal can move at the beginning of next year. Putting investments before 2019. Will be very difficult.

O’Leary believes, however, that this should happen before. Ryanair is the only airline at the airport in Modlin and has ambitious plans for growth at that airport. Now they can not be implemented because already the airport is often overcrowded, and queues for security checks – very long.

President carrier stressed that Modlin Ryanair remains the main airport in Poland, and the line has no plans of moving or operating international routes from the Chopin Airport. This year, the main Warsaw airport will be operated only two domestic routes as of March comes the third – to Szczecin.

So O’Leary in their own interests is ready to lend Modlinowi measures for the expansion of the terminal – but stresses that no way, eg. on the acquisition of shares in the airport in return for the investment.

– P roblemem is complicated shareholding structure, with shares split one-third between PPL [manager Chopin Airport - ed.], The Military Property Agency and local government . And I’m not sure if PPL actually wants to expand Modlin – said O’Leary.

O’Leary added that in his opinion Modlin airport can be as large as Charleroi, serving the Brussels agglomeration. Last year, the Belgian airport handled nearly 7 million passengers, mainly using the services of Ryanair.

The head of Ryanair has once again criticized the idea of ​​creating a Central Airport – considered it too expensive, complicated and unnecessary. O’Leary is an advocate of competition between airports, so that flights can be cheaper. He did not comment on whether it Modlin should be expanded and become central port. However, he drew attention to the need to preserve the independence of management companies Modlin and the Chopin Airport.

– We love Modlin and we know that it will grow – unless it is taken over by the PPL. In my opinion Poland should sell shares in both Modlin and the Chopin Airport to private investors, independent of each other. It may be a minority stake, but this will boost capital investment and cutting costs – said O’Leary.

#KOREKTA: Improved title #