Ryanair May Cut 3,000 Jobs; Predicts 35% Drop In Annual Passengers

aircraft
Credit: Ryanair
Ryanair Holdings is expecting a net loss of over €100 million ($110 million) for its fiscal first quarter (Q1), with further losses during the peak summer season—a direct effect of the precipitous decline in traffic caused by the COVID-19 pandemic. The industry crisis will necessitate a...
Kurt Hofmann

Kurt Hofmann has been writing on the airline industry for 25 years. He appears frequently on Austrian, Swiss and German television and broadcasting…

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