Faced with an immediate drop in revenues from the virtual of grounding of international scheduled passenger flights, European states governments have stepped in to find ways to keep their country’s airlines in business through the coronavirus crisis and beyond. In...
Ryanair is expecting to cut up to 3,000 jobs from July and shut a number of European bases, as it projects that a post-crisis recovery will take at least two years. The airline is negotiating with Boeing to reduce planned deliveries of new 737s for the next 24 months,...
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