Type
Business expansion
Country
Italy
Region
Location of affected unit(s)
Sector
Transportation / Storage
Land, Water And Air Transportation
Air Transport
51.10 - Passenger air transport

750 jobs
Number of planned job creations
Job creation
Announcement Date
18 June 2018
Employment effect (start)
Foreseen end date
31 December 2018

Description

Low cost airline Ryanair announced 750 new hirings in Italy by the end of 2018. The company also announced it will hire another 1500 employees in Italy over the next five years.

Workforce expansion is due to the growth in the number of passengers recorded by the company in 2017 in the country (more than 36,2 millions) and plans to increase yearly passengers to 39 millions by 2019. Intensified activities in airports such as Crotone, Bergamo, Rimini and Rome and in regions such as Sardinia and Sicily are linked to the expansion of turism in these areas.


Sources

  • 21 June 2018: Investireoggi
  • 19 June 2018: TTG

Citation

Eurofound (2018), Ryanair, Business expansion in Italy, factsheet number 94376, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/94376.