Ryanair is betting heavily on post-war Ukraine

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The Irish low-cost airline has unveiled an investment plan of more than $3 billion to revive the aeronautics industry once the conflict is over and promises 10 million seats over five years.

Ryanair believes in the imminent restart of routes with Ukraine and on July 20 unveiled a vast investment plan to revive the country’s aeronautical industry. In a meeting with Deputy Prime Minister for Ukraine’s Restoration and Infrastructure Minister Oleksandr Kubrakov, the low-cost airline pledged an investment of more than $3 billion once the war ends and EASA (European Aviation Safety Agency) declares that flights to and from Ukraine will be safe again.

600 weekly flights

Ryanair also held meetings in kyiv with the main Ukrainian airports (kyiv, Lviv and Odessa). Ryanair has pledged to return with low-cost flights to and from Ukraine within eight weeks of the reopening of Ukrainian airspace. Ryanair planes will provide 600 weekly flights from the main airports of kyiv, Lviv, and Odessa connecting these cities to more than 20 capitals of the European Union. In addition, Ryanair plans to open daily domestic flights between kyiv, Lviv and Odessa, as soon as these airports are able to accommodate them.

30 new Boeing 737 MAX based

Ryanair plans to offer over five million seats to, from and within Ukraine in the first twelve months post-war, growing to over 10 million seats over a five-year period. Ryanair, the Ukrainian government and its major airports are committed to rapidly rebuilding Ukrainian aviation, and Ryanair will base up to 30 new Boeing 737 MAX aircraft worth over $3 billion at Ukraine’s three major airports, giving Ukrainian citizens and visitors access to low fares, as Ukraine rebuilds its economy in a post-invasion environment.

John Walker Avatar