Ryanair’s $3 Billion Expansion Plan Promises 2,000 Jobs in 2025

Written by Kathrine Frich

Dec.28 - 2024 11:16 PM CET

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Photo: Shutterstock.com
Photo: Shutterstock.com
Ryanair looks to capitalize on its continued growth.

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Ryanair is making a major push to solidify its position as Europe’s leading low-cost airline.

The company announced ambitious plans for 2025, including the creation of 2,000 high-paying aviation jobs and a significant fleet expansion.

These moves come as Ryanair looks to capitalize on its continued growth and favorable market conditions.

The airline revealed it will invest $3 billion (€2.88 billion) to acquire up to 29 new Boeing 737 aircraft next year, according to El Economista.

Plant to Increase Passenger Numbers

These planes boast advanced features that reduce carbon emissions by 16%, cut noise pollution by 40%, and increase passenger capacity by 4%.

Ryanair emphasizes that these upgrades align with its commitment to sustainable aviation while enhancing operational efficiency.

The new aircraft will be allocated to airports in EU countries that foster aviation growth by lowering taxes and fees.

Key markets include Sweden, Italy, Spain, and Poland. However, Ryanair made it clear it will not expand services in countries that impose higher taxes, such as the UK, France, and Germany.

Elena Cabrera, Ryanair’s country manager for Spain, highlighted the airline's unique position in the European market.

She noted that while many competitors face capacity constraints, Ryanair plans to increase its passenger numbers from 200 million in 2024 to 210 million in 2025.

This growth will directly translate to 2,000 new jobs at some of Europe’s most efficient and low-cost airports.

Cabrera explained that governments supporting sustainable aviation growth by reducing taxes and fees will benefit most from Ryanair’s expansion.

This strategy not only ensures profitability but also aligns with the airline’s goals of maintaining low fares and maximizing efficiency.

Ryanair’s investment underscores its confidence in long-term growth despite challenges in the global aviation industry.

By focusing on environmentally friendly aircraft and strategic market expansion, the airline aims to continue leading the sector in both affordability and sustainability.