HomeAir LineRyanair will invest €5,000 million in Spain in the next seven years

Ryanair will invest €5,000 million in Spain in the next seven years

Ryanair plans to invest 5 billion euros in Spain in the next seven years. A plan that aims to go from the current 55 million passengers to 77 million, increase the number of routes from 730 to more than a thousand in 2030, base 33 new aircraft and open five new bases.

This was detailed this Friday by the CEO of Ryanair, Michael O’Learyto the president of the Spanish GovernmentPedro Sánchez, in a meeting held at the Moncloa, which was also attended by the Minister of Transport and Sustainable Mobility, Óscar Puente.

At the meeting, both parties agreed to work on the reinforcement of regional airports. They consider that the promotion of this type of infrastructure, with an increase in air traffic, will boost territorial development and economic activity in the area.

Ryanair CEO, Michael O’Leary; the President of the Government, Pedro Sánchez, and the Minister of Transport, Óscar Puente, during the meeting they held on Friday at the Moncloa. Source: Pool Moncloa/Fernando Calvo.

The President of the Government highlighted that this investment represents support for the strengthening a key sector such as tourism, which at the end of 2023 was already pointing to record numbers. Furthermore, he pointed out the airline’s commitment to Spain is a reflection of the stability and potential of the Spanish economy and the confidence it generates in international markets and investors.

It should be remembered that, according to a study presented in April 2022, Ryanair’s operations have an impact of 14,000 million euros annually in our economy.

  • Ryanair celebrates 20 years in Spain: how it contributes to the Spanish economy

Second European market

Ryanair is the first airline in Spain in flights and passengers for more than 10 consecutive years. It has about 6,500 workers in our country, from where it operates more than 700 routes to 29 countries. In the domestic market it has 82 routes.

Spain is the second European market for the airline, behind Italy, as explained by the airline’s director in Spain. Elena Cabrerain an interview in HOSTELTUR. More information in: Elena Cabrera: “A Ryanair plane fills up every minute.”

More information about the company’s commitment to the Spanish market

– Ryanair agrees with Sepla the first agreement for its pilots in Spain

– Ryanair announces new route from Alicante to Norwich

– Ryanair inaugurates its new winter base in Tenerife South

– Ryanair will open a new base in Lanzarote and will operate 40 routes in winter

Source: Hosteltur

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