Arab Times

Ryanair blames European govts for winter cuts

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LONDON, Oct 15, (AP): Ryanair became the latest European airline to announce big reductions in its winter schedule after coronaviru­s-related travel restrictio­ns were reimposed across the continent.

Casting the blame on European government­s for “mishandlin­g” air travel during the pandemic, the Ireland- based budget airline said Thursday that it will cut around a third of its flight routes this winter.

It said demand for flights has been “heavily curtailed” to and from the UK, Ireland, Austria, Belgium, Portugal and much of central Europe.

The airline said it will maintain up to 65% of its route network between November and March and will close its bases in the Irish cities of Cork and Shannon, and Toulouse in France through the period. The routes that continue operating will see fewer flights.

Overall, the airline said its winter capacity will be 40% of what it was a year earlier, compared with the 60% it had previously pencilled in. It also said it expects to fill 70% of seats on its planes.

As a result, the airline said it will implement more unpaid leave and job-sharing during the winter, a move that Chief Executive Michael O’Leary described as “a better shortterm outcome than mass job losses.”

However, he said there will “regrettabl­y be more redundanci­es at those small number of cabin crew bases where we have still not secured agreement on working time and pay cuts, which is the only al

ternative.”

With the resurgence of the coronaviru­s in Europe over the past few weeks, many government­s have sought to limit travel once again after easing restrictio­ns during the summer.

O’Leary said the cutbacks have been “forced upon us by government mismanagem­ent” of European air travel.

“We continue to actively manage our cost base to be prepared for the inevitable rebound and recovery of short-haul air travel in Europe once an effective COVID-19 vaccine is developed,” O’Leary said.

Over the past few months, airlines including Air France, British Air

ways and easyJet have cut back their already reduced winter schedules as a result of the resurgence of the virus and the travel restrictio­ns.

Ryanair’s share price in London fell 4.3% after the announceme­nt. Others airlines saw their stocks fall too, including British Airways’ parent company, Internatio­nal Airlines Group, which was down 2.8%.

“Spikes in coronaviru­s cases across Europe are resulting in fresh regional lockdowns, adding to worries that the internatio­nal travel sector will remain depressed for a lot longer than previously feared,” said Susannah Streeter, senior investment and markets analyst at stockbroke­rs Hargreaves Lansdown.

 ??  ?? In this file photo, passengers disembark a Ryanair plane, at the Marseille Provence airport, in Marignane, southern France. Ryanair has cast the blame on European government­s for ‘mishandlin­g’ air travel during the
pandemic. (AP)
In this file photo, passengers disembark a Ryanair plane, at the Marseille Provence airport, in Marignane, southern France. Ryanair has cast the blame on European government­s for ‘mishandlin­g’ air travel during the pandemic. (AP)

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