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THURSDAY, MAY 29, 2025
Ryanair grounds most of its fleet across Europe for the next week

Global Economy

Reuters
16 March, 2020, 04:40 pm
Last modified: 16 March, 2020, 04:45 pm

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Ryanair grounds most of its fleet across Europe for the next week

“We have seen a substantial decline in bookings over the last 2 weeks, and we expect this will continue for the foreseeable future”

Reuters
16 March, 2020, 04:40 pm
Last modified: 16 March, 2020, 04:45 pm
FILE PHOTO: Ryanair Boeing 737-8AS plane EI-EKG approaches Riga International Airport in Riga, Latvia January 17, 2020. REUTERS/Ints Kalnins/File Photo
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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