The Ryanair airline announced today that it will invest around 100 million euros to create 12 new routes in Portugal for the summer of 2019 from all bases, intending to continue to bet on the country.
“It’s about 100 million euros investment next year on the 12 new routes, three from Portela … six from Porto and three from Faro,” said company CEO Michael O’Leary, in statements to the Lusa news agency, in the margins of a press conference in Lisbon.
According to the official, this is an “important investment because this is a difficult time for airlines”.
“Oil is at $ 85 a barrel, prices are dropping, all airlines are reporting declines in revenue,” noted Michael O’Leary.
He added: “It is important that we continue to invest here in Portugal, that we continue to create good jobs for people and come to an agreement with the unions to end these senseless wars that lead us nowhere.”
The 12 new routes concern Alicante, Berlin, Bordeaux, Brive, Cagliari, Clermont, Edinburgh, London Southend, Marrakech, Milan Bergamo, Seville and Venice Treviso.
In all, three destinations will be added to those in Lisbon, six from Porto, three from Faro, five from Ponta Delgada and two from Terceira, a total of 11 million passengers per year in the country, according to estimates from the company.