Ryanair will stop operating flights to and from Fuerteventura from January 31st next year, affecting five thousand passengers who have already booked flights.
They will be reimbursed the cost of the flights, but will not be compensated for car hire or hotel accommodation.
The company says the decision was taken because a group of local businessmen have failed to deliver on promises made to promote the island adequately as a touristic destination.
Ryanair currently operates more than twenty flights a week to and from nine European destinations - Birmingham (three flights a week), East Midlands (3), Liverpool (3), London (3), Dublin (2), Shannon (1), Bremen (2), Frankfurt (2) and Dusseldorf (1).
Since they began in 2006, the company argues, passenger numbers have increased from around two thousand to more than a quarter of a million.