Ryanair CEO Warns Of Job Cuts, Base Closures Over MAX Delays
Credit: Boeing
Ryanair CEO Michael O’Leary warned that the Irish LCC would have to close bases and cut jobs because of Boeing 737 MAX delays and Brexit uncertainty following a fall in its fiscal first-quarter (Q1) profit. O’Leary attributed Ryanair’s 21% year-over-year drop in fiscal 2020 Q1 net profit to lower...
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