Ryanair outlined a five-year expansion across Estonia, Latvia and Lithuania that would bring more routes and more aircraft to the region. The carrier says the package totals $1.6 billion, would add 11 million annual seats, base 16 aircraft locally and create thousands of jobs, according to a statement on Thursday.
This week, Air Baltic sought bankruptcy protection to reorganize heavy debts after being hit hard by high fuel costs and travel disruptions. Ryanair also criticized Latvia's government for putting €550 million of taxpayer funds into what it called a shrinking "zombie" airline. The pitch underscores Ryanair's clout: it regularly shifts capacity into markets that meet its terms and pulls back from those that do not.
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Ryanair's ask is clear: the three governments would need to eliminate aviation taxes and reduce airport fees to be in the running for this investment. The company is signaling it will place planes where policy supports low-cost growth, and move capacity away from places that resist.
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