Ryanair, Europe's biggest low-cost airline, will cut back operations at some airports and abandon others entirely because of the Boeing 737 Max crisis
Europe's biggest low-cost airline said Tuesday that it was planning to cut back operations at some airports and abandon others entirely because regulators may not return the grounded 737 Max to service until as late as December."We are starting a series of discussions with our airports to determine which of Ryanair's underperforming or loss making bases should suffer these short term cuts and/or closures from November 2019," it said in a statement.
Ryanair has ordered the 737 Max 200, a variant of the plane that will need to be separately certified by regulators. The carrier said it expects the model to be approved within two months of 737 returning to service. The Irish carrier slashed its expected passenger growth rate for next summer from 7% to 3% as a result of the delay. That means it will fly 5 million fewer passengers than expected in the year to March 2021.
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