Ryanair will cut 3,000 jobs and ground 99% of flights through June
4 years, 8 months ago

Ryanair will cut 3,000 jobs and ground 99% of flights through June

CNN  

London CNN Business — Ryanair is planning to cut up to 3,000 jobs and operate less than 1% of flights through June after warning that passenger demand and pricing will take at least two years to recover from the coronavirus pandemic. Europe’s largest airline by passenger numbers said in a statement Friday that its restructuring program will begin in July and could result in the loss of as many as 3,000 jobs among pilots and cabin crew, or about 15% of its workforce. Ryanair usually operates low-cost flights to more than 200 destinations mostly in Europe, playing a vital role in supporting smaller regional airports and the continent’s massive tourism industry. “Ryanair now expects the recovery of passenger demand and pricing will take at least two years, until summer 2022 at the earliest,” it said, adding that it expects to report a net loss of over €100 million in the April to June quarter, with more losses to come.

History of this topic

Ryanair and Wizz Air passenger numbers grow in December despite disruption
6 days, 19 hours ago
Ryanair price falls easing after summer of declining ticket costs for passengers
2 months ago
Ryanair reports 10% drop in average fares amid consumer ‘spending pressure’
2 months ago
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2 months ago
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2 months ago
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2 months, 1 week ago
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2 months, 4 weeks ago
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4 months ago
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4 months, 1 week ago
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5 months, 1 week ago
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5 months, 2 weeks ago
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5 months, 2 weeks ago
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6 months, 1 week ago
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8 months, 3 weeks ago
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1 year, 2 months ago
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1 year, 4 months ago
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1 year, 9 months ago
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1 year, 11 months ago
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1 year, 11 months ago
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1 year, 11 months ago
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2 years, 3 months ago
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2 years, 6 months ago
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2 years, 7 months ago
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3 years, 2 months ago
Ryanair boss warns of ‘dramatically higher’ air fares next summer
3 years, 3 months ago
Ryanair launches 14 new routes from London aiports
3 years, 4 months ago
Expect a June summer holiday, says Ryanair boss
3 years, 9 months ago
Ryanair moves back to Belfast City with summer sun flights
3 years, 10 months ago
Air fares soar as UK airlines seek to staunch losses
3 years, 10 months ago
Ryanair Cuts Full-Year Traffic Forecast from 35 to 26 Million for 2021 Due to Covid-19 Pandemic
4 years ago
Ryanair cuts September, October capacity by 20% on weak bookings
4 years, 4 months ago
Ryanair to Cut September, October Flight Capacity by 20% on Weak Bookings
4 years, 4 months ago
Ryanair CEO Michael O’Leary: UK quarantine ‘idiotic and unimplementable’
4 years, 7 months ago
Ryanair plans to restore 40% of its flights starting July
4 years, 7 months ago
Ryanair wants 1,000 flights a day by July
4 years, 7 months ago
Coronavirus | Ryanair plans to cut nearly 3,000 jobs and close bases in Europe
4 years, 8 months ago
Ryanair says no more flights until June
4 years, 9 months ago
Ryanair becomes latest airline to ground flights
4 years, 9 months ago
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4 years, 9 months ago
Ryanair strikes: Thousands face travel chaos as pilots set for summer holiday walkouts
5 years, 5 months ago

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