EMCC European Monitoring Centre on Change

Ryanair

Company/Organisation:
Ryanair

Geographic Location

Country: Spain
Region: Canarias
Location of affected unit(s): Tenerife and Lanzarote

Company

Sector: Transportation / storage
Transportation and storage
51.10 - Passenger air transport
Number Employed: 6000

Employment Effects

Announcement Date: 23-11-2022
Type of Restructuring: Business expansion
Employment Effect Start: 23-11-2022
Foreseen End Date: 01-06-2023
Planned Job Creation: 120

Additional Information

Ryanair, the Irish low-cost airline, plans to reopen its bases at Tenerife and Lanzarote airports (Canary Islands) by the summer of 2023. The opening of these bases will create 120 jobs for pilots, cabin crew and engineers (60 at each airport). Ryanair estimates an investment of 400 million euros at both sites, with four aircraft and six new routes. The two new bases will mean a 10% growth in the company's operations in the Canary Islands, reaching 520 flights a week. 

During 2022, previous business expansions have been recorded in the ERM datatbase. See the company's expansion in Ireland of 2,000 employees (Ryanair-2022-IE), including 200 new jobs in Shannon, County Clare (Ryanair-2022a-IE) and 150 new employees at Dublin airport (Ryanair-2022b-IE). In the same year, Ryanair has also expanded airport staff by 600 in Austria (Ryanair-2022-AT) as well as by 600 in Wroclaw airport (Ryanair-2022-PL) and 400 new roles at Krakow airport, Poland (Ryanair-2022a-PL). 

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