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Ryanair plans for 5 million passengers annually in Ukraine after airspace opens, CEO says

(Photo by Anna Zvereva via WikiCommons, CC 2.0)

Irish low-cost carrier Ryanair plans to have 5 million passengers annually in Ukraine in one to two years after the airspace opens, CEO Michael O'Leary told Reuters on Tuesday.

"Straight out-of-the-box ... we have two million seats in there within six weeks (of the sky reopening) and then I think we would want to open bases both in Kyiv and Lviv within 12 months and then I think we could go from two to five million passengers within a year or two," O'Leary said.

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