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Aviation Commercial / Europe

resumption

Ryanair needs an Irish government recovery plan to reach its planned passenger numbers


Rafael Ramos

9/16/2021

The CEO of Irish company Ryanair, Michael O'Leary, said the country needed an aviation recovery plan as it appears that the airline is not recovering from the crisis as well as other European companies.

The CEO is favorable when it comes to government aid in the sector. “We need the government to make a decision,” he said. There is still no aviation recovery plan in Ireland.

"Meanwhile, Spain, Portugal, Italy are all out there with recovery plans, reducing aviation taxes," he said.

The CEO says the country needs to be competitive at this point, as the company has the capacity to capture some of this post-pandemic growth. The company can grow together with the country. He also said the company could move to another country if Ireland doesn't cut taxes.

Ryanair is doing business at airport discounts and receiving incentives for recovery and growth across Europe, but not Ireland. The CEO's Appeal goes in that direction.

The company has been experiencing great growth in the last 30 years, but these last 18 months of the company have been the worst in its history.

The appeal comes at a time when the airline's board has approved a revised growth plan, which forecasts to carry 225 million passengers by 2026, representing not only a rebound, but a growth of almost 50% compared to pre-season levels. -pandemics.

The executive justified this number with the purchase of 210 new Boeing 737 MAX aircraft, of which 12 have already arrived. The delivery of all units is scheduled for the next five years. The company expected to carry 200 million passengers as early as 2024, but that forecast was affected by the fact that the Boeing 737 MAX was stopped and the plane's deliveries were delayed.

"Only Ryanair has used this crisis to place significantly larger aircraft orders, to expand our partnerships with airports and to ensure lower operating costs so that we can pass on even lower fares to our customers."

Information is from the CEO interview to RTE.


Boeing 737-800 da Ryanair
Bene Riobó, CC BY-SA 4.0, via Wikimedia Commons








Rafael Ramos
Aviation enthusiast from an early age, he had his first contacts with the area developing that good old habit of spending dozens of hours in front of the screens of Micrsoft Flight Simulator and other simulators. With a solid background in various technological areas, including engineering and chemistry, Rafael has rejoined aviation as editor and author of articles and materials on our portal, providing invaluable help to the dynamics and expansion of the website and the aeronautical community, bringing us the news and updates so indispensable for us to remain current in our area of operation.