Rainier will accelerate its growth by 50% over the next five years

“New planes, new bases, an increase in the number of passengers and lower prices”, the Low Cost plan for growth and transition from 150 to 225 million passengers

Rainier expects a significant increase in its operations over the next five years. Rainier photo

Rainier presented its plan for the next 5 years subject to the positive developments in the fight against the Corona virus and the acquisition of 210 B737 breakwaters, which will significantly reduce operating costs, reduce gas emissions and enable the low-cost company to accelerate its growth after the Corona era. New opportunities are at the doorstep of Rainier at European airports, after regular airlines reduced fleet size during the outbreak of the Corona virus.

The Low Cost Company expects rapid growth over the next five years and has raised its growth forecast from 33% to 50%, leading to an increase in the number of passengers from 150 million a year to 225 million a year, after the previous forecast was 200 million passengers a year.

Michael O’Leary, CEO of Ryanair: (Ryanair) “The performance of the B737 aircraft this summer exceeded all expectations. The operational reliability, fuel consumption and low gas emissions along with the most positive feedback from passengers and crew, are very encouraging. ”

“With the arrival of more aircraft, this year Rainier will open 10 new bases across Europe as we work with partners at airports to help them resume passenger and post-Corona traffic. In addition, take advantage of opportunities after competing airlines have collapsed or significantly reduced their aircraft fleet, the Rainier CEO added.

Rainier expects to create more than 5,000 new jobs for pilots, air crews and engineers over the next 5 years, and the group is excited to open a € 50 million flight training center in Dublin this week, with 2 more high-quality training centers planned in Spain and Poland over the next 5 years. . The Corona plague has taken an unprecedented blow to Europe’s aviation and tourism industries and Rainier has taken advantage of this crisis to make significant aircraft bookings, expand our aviation partnerships and ensure lower operating costs so we can provide the lowest fares to our passengers, he concluded. Michael O’Leary.

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