Ryanair to treble presence at Modlin airport

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Michael O'Leary FY results presentation 2024
Michael O’Leary

Michael O’Leary has announced plans to treble the number of passengers Ryanair serves at Modlin airport to more than 5m a year by 2030.

The company plans to invest $400m in Modlin and double the number of aircraft based there to eight from four.

Demand for travel this summer was showing no signs of cooling, shared O’Leary, with strong bookings and rising ticket prices.

Mr O’Leary described heatwaves as a “temporary phenomenon” that does not seem to be affecting travel patterns this summer.

Regarding market projections for Ryanair’s after-tax profit, Mr O’Leary shared: “we see no reason to alter or object to that consensus, but we can’t comment on that,” 

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