Recession Puts the Brakes on Ryanair Routes
Ryanair’s ambitious expansion plans came to a grinding halt yesterday when the carrier announced that it will ground 12 planes at Stansted airport this winter and close seven bases in Europe.
It is cutting services on its busiest routes at Stansted and will cease flying into seven other airports including Budapest and Valencia for six weeks from November 4th 2008. The cuts mean that Ryanair will be reducing its fleet by 10% this winter.
Responding to assertions that the airline was failing to fill seats, Ryanair chief Michael O’ Leary hit back in his usual colourul way.
Written by F.HBookmark:
