Ryanair has begun expanding its maintenance, repair and overhaul (MRO) base in Kaunas, Lithuania, the company said.
The company said it is planning to invest around EUR250,000 into expanding the facilities of its maintenance unit, Kaunas Aircraft Maintenance Services (KAMS), which is located at Kaunas International Airport.
The company said it expects its turnover to jump 20 percent this year, and is planning a 30 percent increase in the number of aircraft maintenance, repair and overhaul specialists it employs. After the expansion, around 140 specialists will be employed at the facility.
Ryanair Ltd. (ISEQ: RYA) (LSE: RYA) (NASDAQ: RYAAY) is an Irish low-cost airline headquartered in Swords, Dublin, Ireland, with its primary operational bases at Dublin and London Stansted Airports. Ryanair operates over 350 Boeing 737-800 aircraft, with a single 737-700 maintained on the roster as a backup plane and for pilot training and serves 32 countries in Europe, Africa (Morocco), and the Middle East (Israel).