Friday, November 15, 2024

Ryanair aims to significantly expand operations in Spain and Italy

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Ryanair aims to significantly expand its operations in both Spain and Italy, with two of the airline’s main bosses, Michael O’Leary and Eddie Wilson, making separate deployments on the ground in both countries this week. It is laying the foundation for promotion.

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Speaking in Madrid on Monday, Ryanair DAC chief executive Eddie Wilson (who directs the day-to-day running of Ryanair airlines rather than the group) said Ryanair has expanded its Spanish operations by 40%. , said it aims to open. Build five new bases there by 2030. The company has pledged to invest €5 billion in Spain over the next seven years, assuming no increase in airport fees.

Ryanair Group CEO Michael O’Leary then visited Rome and announced that he would be joining the Lufthansa Group in preparation for the addition of Italian airline ITA to the Lufthansa Group. appealed for the release of landing and departure slots at the airport.

Lufthansa is seeking to acquire a 41% stake in ITA, but the 325 million euro investment is pending approval from EU regulators.

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Mr O’Leary said Ryanair was interested in acquiring such slots and expanding its operations in both Rome and Milan. Ryanair is already the single largest airline operating in the Italian market.

Ryanair early morning

Ryanair’s boss said the airline was “very interested” in additional slots in Rome’s Fiumicino and was also looking to grow in Bergamo and Malpensa.

He said rival low-fare airlines EasyJet and Wiz could move planes from Malpensa to Linate and secure new slots there, potentially freeing up Ryanair for further growth at Malpensa. He said that there is a sex.



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