by Laura Di Pillo

An investment of $1 billion, 10 new aircraft, 44 new routes and 2,250 jobs. Low cost airline company Ryanair ups the ante for Italy and announced a record investment in 2017 after Prime Minister Matteo Renzi's government decided to cancel an increase in municipal airport taxes. "Today we have some good news, a huge development plan for Italy for 2017," said Ryanair CEO Michael O'Leary at a press conference with the Italian Minister of Infrastructure and Transportation Graziano Delrio and civil aviation regulator ENAC President Vito Riggio.

This move comes "after Renzi's government's decision not to increase the municipal tax and thanks to the excellent work of Minister Delrio," O'Leary pointed out, referring to the revision of airport guidelines that now comply with the EU's rules. Ryanair's plan calls for the allocation of 10 new aircraft on the Italian market, and a "brand new" investment that was "previously allocated to Spain, Poland and Greece and now moved to Italy," said O'Leary.

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Fonte: Italy24