Ryanair unveils cuts and revision to schedules over 737 delays
Fewer flights scheduled by Ryanair
Ryanair will be forced to revise its schedules and impose cuts at some of its bases because of delays to the delivery of new Boeing 737 Max jets.
The group said it was in talks with airports over which loss-making bases will be affected and is set to consult with staff and unions over the planned “short-term” cuts and closures.
Ryanair said it expects to slash its aircraft from 58 to 30 for next summer, which will cut its summer 2020 growth rate from 7% to 3%.
The company said: “Ryanair remains committed to the B737 MAX aircraft, and now expects that it will return to flying service before the end of 2019, however the exact date of this return remains uncertain. We believe it would be prudent to plan for that date to slip by some months, possibly as late as December.”
Full-year passenger traffic growth is now forecast at around 157 million for the year to March 2021, down from 162 million previously expected.
Chief executive Michael O’Leary said: “This shortfall in aircraft deliveries will necessitate some base cuts and closures for summer 2020, but also for the winter 2019 schedule.
“We will also be consulting with our people and our unions in planning and implementing these base cuts and closures, which are directly caused by the B737 Max delivery delays to the B737 Max programme.”
The Boeing 737 Max fleet of jets was grounded after two of the aircraft, belonging to different airlines crashed, one last year and one in March.