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Ryanair (NASDAQ: RYAAY) opens €25m Madrid hangar and warns on Spain costs

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6-K

Rhea-AI Filing Summary

Ryanair Holdings plc filed an update highlighting the opening of its largest maintenance hangar at Madrid Barajas Airport, a new €25 million facility with capacity for 7 aircraft and creating 700 high-skill jobs. The 22,000 m² centre expands its Barajas maintenance capacity to 8 aircraft lines and forms part of a wider Spanish presence that includes a Seville maintenance base and a total investment of €11bn in Spain.

Ryanair reports 62 million passengers per year in Spain, with 109 aircraft across 11 bases, two maintenance centres, a crew training facility and an IT innovation hub. The company warns that recent and proposed Aena airport charge increases of +6.5% and +21% by 2031 are hurting competitiveness, noting Spain growth of 0.5% this summer compared with 11% in Morocco and 9% in Italy.

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SECURITIES AND EXCHANGE COMMISSION
 
 
 
Washington, D.C. 20549
 
 
FORM 6-K
 
 
Report of Foreign Private Issuer
 
 
Pursuant to Rule 13a-16 or 15d-16
of the Securities Exchange Act of 1934
 
 
 
For the month of March 2026
 
RYANAIR HOLDINGS PLC
(Translation of registrant's name into English)
 
c/o Ryanair Ltd Corporate Head Office
Dublin Airport
County Dublin Ireland
(Address of principal executive offices)
 
 
Indicate by check mark whether the registrant files or will file annual
reports under cover Form 20-F or Form 40-F.
 
Form 20-F..X.. Form 40-F 
 
 
Indicate by check mark whether the registrant by furnishing the information
contained in this Form is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange
Act of 1934.
 
 
Yes   No ..X..
 
 
If "Yes" is marked, indicate below the file number assigned to the registrant
in connection with Rule 12g3-2(b): 82- ________
 
 
RYANAIR OPENS ITS LARGEST MAINTENANCE HANGAR AT MADRID AIRPORT 
 
€25 MILLION INVESTMENT REVITALISES BARAJAS' INDUSTRIAL AREA
& CREATES 700 HIGH-SKILL JOBS
 
Ryanair, Spain's No.1 airline, today (Wed, 18 Mar) inaugurated its new €25 million maintenance centre at Madrid Barajas Airport - the largest in the Ryanair network. With capacity for 7 aircraft, this 22,000  state-of-the-art facility, located in the airport's industrial area, will create 700 high-skill jobs, including engineers, mechanics, and support roles, further strengthening Spain and Madrid's position as a leading hub in European aviation.
 
This new hangar adds to Ryanair's existing maintenance facility in Barajas, bringing its total capacity to 8 aircraft lines of maintenance. In addition, Ryanair also operates a modern 5-bay aircraft maintenance centre in Seville, opened in 2019, which was extended in 2021, and represents a further €30 million investment in Spain.
 
The Madrid facility is now a central part of Ryanair's Maintenance Engineering network with 7 EU locations, with Madrid performing both routine A-checks along with more specialised engineering work. Ryanair is also working closely with Madrid's best aviation schools to train and recruit engineers and mechanics for this new maintenance centre under its in-house Engineer Development Programme.
 
Ryanair, which is Spain's largest airline, is also one of Spain's largest foreign investors, and a key contributor to the country's tourism and industrial sectors. With 62 million passengers p.a in Spain, a fleet of 109 aircraft across 11 bases, two maintenance centres, a recently commissioned crew training facility, along with an IT innovation hub in central Madrid, which in total brings Ryanair's investment in Spain to €11bn.
 
Ryanair is Spain's largest airline but its ability to continue investing and growing in Spain is running out of road due to deteriorating competitiveness on airport access costs that will accelerate the migration of routes, tourism and jobs to more competitive, lower cost airports elsewhere in Europe. While Aena's recent +6.5% increase had a significant impact on traffic cuts at Spain's regional airports, the latest proposal to increase charges by +21% (before inflation) over the next five years will undermine competitiveness and growth across the entire Aena network of Airports. Sadly, this programme of increases will establish Spain as a high-cost tourism destination closed to economic growth and job creation. This trend has accelerated with Ryanair growing this summer at its lowest level in many years of just 0.5%. Spain needs efficient cost-effective airports with competitive pricing to attract airline investment that in turn, boosts economic growth. If Spain wants to continue to grow airline investment, traffic, tourism and jobs, the Govt must take action to open up existing empty capacity at airports along with competitive pricing, which will incentivise all airlines to grow with lower charges. The Govt must also ensure that extensions to larger airports are competitive and not gold-plated facilities.
 
Today's inauguration was attended by Jose Luis Martinez-Almedia, Mayor of Madrid, as well as local authorities and representatives from Spain's aviation sector.
 
Ryanair DAC CEO, Eddie Wilson, said:
"We are pleased to announce another major Ryanair investment in Spain; Today we inaugurate our new 22,000 sqm state-of-the-art 7-bay maintenance hangar in Madrid - the largest across the Ryanair network - representing a €25 million investment and creating 700 high-skill, high-pay engineer and mechanic jobs, supported by our industry-leading Engineer Development Programme. This new facility will play a crucial role in supporting Ryanair's operations as we grow to 800 aircraft and 300 million passengers by 2034.
 
Ryanair is not only Spain's largest airline, but one of Spain's largest foreign investors, with 109 aircraft based across 11 bases, two maintenance centres (Seville and Madrid), a state-of-the-art crew training centre, along with an industry-leading IT innovation hub in central Madrid, amounting to a total investment of €11bn.  Our operation provides over 10,000 direct Ryanair jobs and supports a further 400,000 jobs, contributing over €28bn to the Spanish economy (2% GDP). However, our ability to continue investing and growing in Spain has almost topped out due to Spain's deteriorating competitiveness, which is progressively getting worse. Regional airports with huge potential to grow are being held back by excessive charges, and major airports like Madrid, Barcelona, Malaga and Alicante, are now going to be extended at exorbitant cost to justify Aena's +21% charge increase plus inflation by 2031, despite the sector projecting sufficient traffic growth to absorb these wasteful investments without raising airport fees. This trend has recently accelerated with Ryanair set to grow this summer at its lowest level of just 0.5% in Spain, when Ryanair is growing by 11% in Morocco and 9% in Italy.
 
Spain is missing the key factor that so many Govts and airports across Europe have recognised, that rapid traffic, tourism and jobs growth come from low cost, efficient facilities with competitive airports, not gold-plated facilities where prices continuously rise. If the Spanish Govt wish to reverse this trend and continue to grow airline investment, traffic, tourism and jobs for Spain, they must change policy to have a cost competive airport pricing system to open up existing spare capacity at airports where Aena has failed with its existing pricing strategy."
 
ENDS
For further information
please contact:                   Ryanair Press Office
T: +353-1-9451799
E: press@ryanair.com    
 
 
 
 
SIGNATURES
 
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.
 
 
RYANAIR HOLDINGS PLC
 
 
 
 
Date: 18 March, 2026
 
 
By:___/s/ Juliusz Komorek____
 
 
 
Juliusz Komorek
 
Company Secretary

FAQ

What major investment does Ryanair (RYAAY) announce in Madrid?

Ryanair announces a new €25 million maintenance hangar at Madrid Barajas Airport with capacity for seven aircraft. The 22,000 m² facility expands maintenance to eight lines in Barajas and creates 700 high-skill engineering and mechanic jobs in Spain.

How large is Ryanair’s overall investment in Spain according to the 6-K?

Ryanair states its total investment in Spain is €11bn. This includes 109 aircraft across 11 bases, two maintenance centres, a crew training facility, and an IT innovation hub in Madrid, supporting 62 million passengers per year and significant tourism activity.

What concerns does Ryanair raise about Spanish airport charges?

Ryanair criticises Aena’s +6.5% airport charge increase and a proposed +21% rise by 2031. It argues these higher fees damage Spain’s competitiveness, risk shifting routes and jobs to lower-cost European airports, and limit future growth and investment in Spain.

How is Ryanair’s traffic growth in Spain comparing to other markets?

Ryanair expects its summer growth in Spain to be just 0.5%, described as its lowest level there in many years. By comparison, it reports growth of 11% in Morocco and 9% in Italy, highlighting relatively weaker expansion in the Spanish market.

How many jobs does Ryanair say it supports in Spain?

Ryanair reports providing over 10,000 direct jobs in Spain and supporting a further 400,000 jobs. It estimates its operations contribute over €28bn to the Spanish economy, which it equates to around 2% of national GDP.

What future scale does Ryanair target for its fleet and passengers?

Ryanair’s CEO notes the new Madrid facility will support growth to 800 aircraft and 300 million passengers by 2034. The hangar is positioned as a key part of Ryanair’s wider Maintenance Engineering network across seven EU locations.
Ryanair Holdings Plc

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