The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Transportation / Storage 51 - Air transport 51.1 - Passenger air transport 51.10 - Passenger air transport
570 jobs Number of planned job creations
Announcement Date
31 August 2016
Employment effect (start)
31 October 2016
Foreseen end date
31 December 2017
Description
At the end of October 2016, Irish low-cost airline Ryanair is to open air base at Prague Airport with and investment of USD 200 million, creating 570 new jobs in 2017. The company will offer new destinations from Prague in its summer 2017 schedule.
In total, the company will operate seven direct connections with 45 weekly flights, which will carry 760 thousand passengers annually.
Sources
31 August 2016: E15
31 August 2016: Čianews
Citation
Eurofound (2016), Ryanair, Business expansion in Czechia, factsheet number 88470, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/88470.