Type
Business expansion
Country
Portugal
Region
Continente; Algarve; Algarve
Location of affected unit(s)
Faro
Sector
Transportation / Storage
Land, Water And Air Transportation
Air Transport
51 - Air transport

200 jobs
Number of planned job creations
Job creation
Announcement Date
16 December 2009
Employment effect (start)
1 March 2010
Foreseen end date

Description

Ryanair, low-cost Irish airline, is to create 200 new jobs with the opening of its the second hub in Faro in March 2010. The total worth of this investment is 200 ml Euro. As a result of this investment, the existing 14 routes to and from the Algarve airport will be doubled.


Sources

  • 16 December 2009: Jornal de NotĂ­cias

Citation

Eurofound (2009), Ryanair, Business expansion in Portugal, factsheet number 70021, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/70021.