Ryanair grounds most of its fleet across Europe for the next week
Global Economy
16 March, 2020, 04:40 pm
Last modified: 16 March, 2020, 04:45 pm
“We have seen a substantial decline in bookings over the last 2 weeks, and we expect this will continue for the foreseeable future”
FILE PHOTO: Ryanair Boeing 737-8AS plane EI-EKG approaches Riga International Airport in Riga, Latvia January 17, 2020. REUTERS/Ints Kalnins/File Photo
Ryanair said on Monday it would ground most of its aircraft in Europe over the next seven to 10 days, expects to cut seat capacity by 80% for the next two months, and could even ground its entire fleet, given travel restrictions due to the coronavirus pandemic.
"We have seen a substantial decline in bookings over the last 2 weeks, and we expect this will continue for the foreseeable future," the company said.
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