Ryanair to make up to 3,000 jobs cuts
Ryanair is to make up to 3,000 job cuts, mainly pilots and cabin crew but also head office and back office teams.
Other staff will be put on unpaid leave and have their pay cut by up to 20% as the airline closes a number of aircraft bases across Europe until traffic recovers.
Group CEO Michael O’Leary, whose pay was cut by half for April and May, has now agreed to extend this pay cut for the remainder of the financial year to March 2021.
The airline disclosed its plans in an update today, saying it expects to operate less than 1% of its scheduled flying program until June 2.
Although some flights are expected to return in July, Ryanair expects to carry no more than half of its original traffic target of 44.6 million in the second quarter.
For the full financial year ending March 2021, Ryanair now expects to carry less than 100 million passengers, more than 35% below its original 154 million target.
Like BA, it also predicts that air travel demand won’t return to 2019 levels until summer 2022.
BALPA General Secretary Brian Strutton accused Ryanair of doing a U-turn in its predictions about the pandemic.
"There has been no warning or consultation by Ryanair about the 3000 potential job losses and this is miserable news for pilots and staff who have taken pay cuts under the Government job retention scheme. Ryanair seems to have done a u-turn on its ability to weather the Covid storm.
"Aviation workers are now facing a tsunami of job losses. The UK Government has to stop daydreaming and keep to the promise made by the Chancellor on 17 March to help airlines or this industry, vital to the U.K. economy, will be devastated."
Bev
Editor in chief Bev Fearis has been a travel journalist for 25 years. She started her career at Travel Weekly, where she became deputy news editor, before joining Business Traveller as deputy editor and launching the magazine’s website. She has also written travel features, news and expert comment for the Guardian, Observer, Times, Telegraph, Boundless and other consumer titles and was named one of the top 50 UK travel journalists by the Press Gazette.
Vegas’s Billion-Dollar Secrets – What They Don’t Want Tourists to Know
Visit Florida’s New CEO Bryan Griffin Shares His Vision for State Tourism with Graham
Chicago’s Tourism Renaissance: Graham Interviews Kristin Reynolds of Choose Chicago
Graham Talks with Cassandra McCauley of MMGY NextFactor About the Latest Industry Research
Destination International’s Andreas Weissenborn: Research, Advocacy, and Destination Impact
Graham and Don Welsh Discuss the Success of Destinations International’s Annual Conference
Graham and CEO Andre Kiwitz on Ventura Travel’s UK Move and Recruitment for the Role
Brett Laiken and Graham Discuss Florida’s Tourism Momentum and Global Appeal
Graham and Elliot Ferguson on Positioning DC as a Cultural and Inclusive Global Destination
Graham Talks to Fraser Last About His England-to-Ireland Trek for Mental Health Awareness
Kathy Nelson Tells Graham About the Honour of Hosting the World Cup and Kansas City’s Future
Graham McKenzie on Sir Richie Richardson’s Dual Passion for Golf and His Homeland, Antigua
ADS PRO 
Phocuswright reveals the world's largest travel markets in volume in 2025
Higher departure tax and visa cost, e-arrival card: Japan unleashes the fiscal weapon against tourists
Cyclone in Sri Lanka had limited effect on tourism in contrary to media reports
Singapore to forbid entry to undesirable travelers with new no-boarding directive
Euromonitor International unveils world’s top 100 city destinations for 2025