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Ryanair to Invest over $3 Billion in Ukraine

Ryanair held an important meeting in Kyiv, together with Deputy Prime Minister for Restoration of Ukraine and Minister for Infrastructure, Oleksandr Kubrakov, at which it unveiled plans to invest heavily (over $3 billion) to rapidly rebuild Ukraine’s aviation industry once the war ends and EASA declares that flying to/from Ukraine is safe again. Ryanair also held meetings today in Kyiv with Ukraine’s main airports, Kyiv, Lviv, and Odesa in Boryspil International Airport at the invitation of Oleksiy Dubrevskyy, CEO of Boryspil International Airport.

During the visit, Ryanair’s senior management and the airport examined the condition of the airport terminals, baggage claim and passenger check-in and boarding gate areas, control points, and aprons, where they saw the excellent state of the airport infrastructure and its operational readiness to resume flights when safe to do so. Ryanair congratulated the efforts of the employees of Boryspil International Airport to save and maintain the operability of the airport’s infrastructure facilities during the war.

Michael O’Leary, CEO of the Ryanair Group, was inspired by the dedication of Boryspil Airport employees, who are motivated and comprehensively working for the post-war recovery of air traffic. He emphasized: “Ryanair remains a committed partner in rebuilding and investing in Ukraine aviation. Today we saw that in the most difficult conditions of war, the Boryspil airport team demonstrates its professionalism and is fully ready for the resumption of flights as soon as possible.

Ryanair has committed to returning with low-fare flights to/from Ukraine within 8 weeks of the reopening of Ukraine air space. This will see 600 weekly flights being operated by Ryanair aircraft from the main airports of Kyiv, Lviv, and Odesa, connecting these cities to over 20 EU capitals. In addition, Ryanair plans to open daily domestic flights between Kyiv, Lviv, and Odesa, as soon as those airports are able to handle them.

Ryanair plans in the first 12 months post-war to offer over 5 million seats to/from and within Ukraine, and this will build to over 10 million seats over a 5-year period. Ryanair, the Govt of Ukraine, and its main airports have committed to a rapid rebuild in Ukraine’s aviation, and Ryanair will base up to 30 new Boeing 737 MAX aircraft worth over $3 billion at the 3 main Ukraine airports giving Ukrainian citizens and visitors access to Europe’s lowest airfares, as Ukraine rebuilds its economy in a post-invasion environment.

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