EMCC European Monitoring Centre on Change

Ryanair

Company/Organisation:
Ryanair

Geographic Location

Country: Czechia
Region: Hlavni mesto Praha; Praha
Location of affected unit(s): Prague

Company

Sector: Transportation / storage
Transportation and storage
51.10 - Passenger air transport

Employment Effects

Announcement Date: 31-08-2016
Type of Restructuring: Business expansion
Employment Effect Start: 31-10-2016
Foreseen End Date: 31-12-2017
Planned Job Creation: 570

Additional Information

At the end of October 2016, Irish low-cost airline Ryanair is to open air base at Prague Airport with and investment of USD 200 million, creating 570 new jobs in 2017. The company will offer new destinations from Prague in its summer 2017 schedule.

In total, the company will operate seven direct connections with 45 weekly flights, which will carry 760 thousand passengers annually.