Ryanair Proposes $1.6B Baltics Expansion After AirBaltic Collapse

Ryanair has proposed a $1.6 billion, five-year investment to double capacity in Estonia, Latvia, and Lithuania, targeting 11 million annual seats and 16 aircraft. This follows AirBaltic's judicial recovery filing, the first major European airline collapse in the current cycle. The move signals a competitive realignment in the Baltic aviation market, with Ryanair seeking to fill the void left by AirBaltic's distress.