LONDON, Sept 26 (Bernama-dpa) -- Low-cost airline Ryanair announced plans to invest US$200 million in Sweden, marking a major expansion in the Scandinavian region.
The investment will support the launch of 10 new routes, enhancing the airline's footprint in the country, reported German news agency dpa.
It follows the Swedish government's decision to abolish the Aviation Tax from July 1, 2025.
In a statement, Ryanair said the Stockholm's decision to scrap the tax is "pragmatic and forward-thinking."
Ryanair said it will rapidly increase capacity in Sweden by adding 2 extra Boeing 737 aircraft to its Sweden-based fleet. The US$200 million investment, in summer 2025, will create 60 new high-paid jobs for pilots, cabin crew, and engineers locally, the Irish company said.
The airline also plans to launch 10 new Ryanair routes for Sweden.
--BERNAMA-dpa
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