Ryanair Plans to Invest $1.6 Billion to Double Traffic in Baltic Region

09:46 AM EDT, 09/17/2026 (MT Newswires) -- Ryanair (RYAAY) plans to invest $1.6 billion in Estonia, Latvia and Lithuania in the next five years, the Irish airline said Thursday. The company said it plans to double its traffic in the three Baltic countries during that period, which could lead to 11 million annual seats, 16 based airplanes, and "thousands of new jobs." Ryanair said its growth plan follows airBaltic's announcement that it will cut its fleet by one-third by the end of this year. Price: 53.29, Change: +0.66, Percent Change: +1.25