Ryanair announced this week an investment of €50 million in training facilities, with a view to creating new jobs for 5,000 pilots and cabin crew over the next five years.
With the new training facilities in Dublin and the jobs to be available across Europe together with the fact that Ryanair is also adding 210 new Boeing 737 Gamechanger aircraft to their inventory, this news offers a huge vote of confidence in the holiday industry.
The Irish-based company aims to increase its volume of traffic to 200 million passengers per year by 2025 and, with all this new investment, they are certainly showing their commitment.
Wizz Air looks to be extending its reach having recently bid for Easyjet. The bid was rejected but, if it had been successful, it would have meant Ryanair would have faced a huge challenge in the no-frills airline competition.
Wizz Air, with its base in Hungary, is looking at placing an order of new aircraft from Airbus which would take its fleet to around 368 by 2027.
Easyjet cut its fleet by 10 percent during the pandemic and this could mean it is not able to pick up demand quickly as the other two airlines will be able to.
However, Easyjet’s position at established airports ie Gatwick and Luton, rather than the hubs that Ryanair and Wizz Air use, means that it remains a market contender for passengers travelling abroad.
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Easyjet have announced the creation of 30 additional vacancies in Faro, together with an extra plane, for the 2022 summer season.
With the addition of four planes at Malaga and Palma de Mallorca, Spain, The carrier states that this will create around 150 direct jobs for pilots and crew.
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