Low cost airline Ryanair has ramped up its expansion plans in Italy after the countryâs government reversed its plans to raise municipal taxes. Italian PM Matteo Renziâs about face on the the next tax has been âwarmly welcomedâ by Ryanair, which also praised a decision to revise airport guidelines in order to give regional airports a âcompetitive level playing fieldâ against the big international airports in Rome and Milan.
As a result, Ryanair has decided to accellerate its expansion plans into the country in 2017. It now intends to invest USD 1bn into 10 new aircraft, while adding 44 new travel routes, in the hope of acquiring 3 million new passengers annually.
