25 MAY 2020
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Back to his aggressive self, Michael O'Leary called the Prime Minister "bonkers". The Ryanair Chief ExecutIve said the airline was preparing for a difficult year ahead as it returned to flying in the wake of the Covid-19 outbreak.
The current published programme calls for a very limited schedule to operate from 1 July on key routes including Dublin to Gatwick, Luton and Stansted.
Consultations about base closures, pay cuts of up to 20%, unpaid leave and up to 3,000 job cuts (mainly pilots and cabin crew) are under way, the low-cost carrier said.
It pointed out its strong financial positions coming from a good 2019.
Ryanair reported a full year profit of €1,002m, compared to €885m last year. Sales grew 10% to €8.5bn, with the airline welcoming 149m passengers.
The carrier said it was expecting to carry 80m passengers over the course of the year, under half of predictions.
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