KYIV, Nov 20 – Ireland's low-cost airline Ryanair plans to invest $1.5 billion in Ukraine in three to five years, expanding its fleet to 15 planes and passenger traffic to 5 million people, Ryanair Chief Commercial Officer David O'Brien said at a meeting with President Petro Poroshenko on Tuesday.

The airline may keep the planes on the territory of Ukraine and that it will fly from Ukraine as from own base of operations, he said.