Ryanair announced that it will invest in Portugal 253.4 million euros in Lisbon airport, where it will allocate three more aircraft from November as part of its 2021 winter schedule.

The airline company will make 250 weekly flights available from Lisbon, including 22 new destinations and will operate 50 routes.

The airline will thus have a total of seven aircraft at the Lisbon base and will operate 50 routes and over 250 weekly flights from Lisbon, including 22 new routes to destinations in Italy, Morocco, France, Spain, Poland, United Kingdom, Denmark and Germany.

Ryanair also considers its growth in Lisbon will support the recovery of the economy and tourism industry, creating 4,000 jobs in the region, and that it will improve the country’s connectivity.

Ryanair’s commercial director, Jason McGuiness, said that Ryanair “will be one of the biggest foreign investors” in Portugal.

This investment affirms the trend of multinationals striving to invest in Portugal.

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