Type
Business expansion
Country
Lithuania
Region
Lietuva; Vilniaus apskritis;
Location of affected unit(s)
Vilnius
Sector
Transportation / Storage
Land, Water And Air Transportation
Air Transport
51 - Air transport

250 jobs
Number of planned job creations
Job creation
Announcement Date
21 February 2011
Employment effect (start)
2 May 2011
Foreseen end date
31 May 2011

Description

Ryanair, the Irish low-cost airline company, announced it would start  flights from Vilnius Airport and create 250 new jobs by the beginning of May 2011. According to management, Ryanair's five new Vilnius routes will carry 250,000 passengers annually. Currently Ryanair is operating in Kaunas. It employs around 1,000 people in its Kaunas base and carries over 1 million passengers annually.


Sources

  • 21 February 2011: Verslo zinios

Citation

Eurofound (2011), Ryanair, Business expansion in Lithuania, factsheet number 71663, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/71663.