25 MAY 2020
© 2022 Business Travel News Ltd.
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.
All comments are filtered to exclude any excesses but the Editor does not have to agree with what is being said. 100 words maximum