LONDON—Irish LCC Ryanair said July 16 it will shrink or close its underperforming bases and cut staff as a direct result of the lack of Boeing 737 MAX deliveries. The news came from Ryanair CEO Michael O’Leary in an update to investors on the continuing uncertainty over the MAX’s return to service and its effect on the airline over the winter 2019/summer 2020 seasons. Ryanair’s planned capacity growth for summer 2020 will be more than halved, the company ...

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