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Ryanair unveils $1.6 billion Baltic investment plan

Ryanair unveils $1.6 billion Baltic investment plan

- Ryanair RYA.I unveiled a $1.6 billion, five-year investment proposal on Thursday to double its traffic across all three Baltic states, which could deliver 11 million annual seats and 16 based aircraft across the region.

The airline's proposal comes days after Latvian carrier airBaltic became the first European airline to file for bankruptcy due to fallout from the Iran conflict.


(Reporting by Yamini Kalia in Bengaluru; Editing by Vijay Kishore)

((Yamini.Kalia@thomsonreuters.com))

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