4/10/2003: Low-Cost Carrier Buzz Sold to Ryanair

DALLAS – Today in Aviation, British low-cost carrier Buzz (UK) was sold to Ryanair (FR) in 2003. Buzz owner, KLM (KL), announced its intention in January to sell the LCC for US$26m.

Plans for Buzz began in August 1999, at a time when KL’s British subsidiary, KLM UK (UK), was struggling to compete with the growing number of low-cost carriers at its London Stansted (STN) base. 

The Dutch flag carrier would later fold KLM UK into KLM Cityhopper. Meanwhile, Buzz would take over the point-to-point routes from STN. 

Buzz’s fleet of BAe 146s were formally operated by Air UK, later read more ⇒

Source:: “Airways Magazine”

Leave a comment

Your email address will not be published. Required fields are marked *