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...

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