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World Reports

World Reports : Ryanair lands in Lithuania; why FDI in Costa Rica is rising; a fresh look at R&D outsourcing.

by Patty Rasmussen

Awork-force development partnership between Ryanair and the School of Mechanics at Kaunas University of Technology in Lithuania is paying off in capital investment and jobs. Due to an increase in qualified employees, Ryanair, the Dublin-based ultra-low cost carrier (ULCC), is expanding its aircraft maintenance operations, investing $2.16 million (€1.6 million) at its Kaunas Aircraft Maintenance Services (KAMS) facility at Kaunas Airport in Lithuania. This expansion comes on the heels of an investment of over $4 million (€3 million) to build a new aircraft KAMS_Hangar maintenance and repair hangar in Kaunas earlier this year.

The KAMS maintenance, repair and operations facility currently has 50 employees. The company will add 40 aviation mechanic positions, doubling the operation’s aircraft service capacity.

Dublin-based Ryanair is expanding its maintenance operations at the Kaunas Airport in Lithuania.
Photo courtesy of Ryanair