Corona crisis: low-cost airline Ryanair fires 3,000 employees

The Irish low-cost airline Ryanair is planning to cut up to 3,000 jobs among pilots and cabin personnel due to the corona crisis. In addition, most flights are to be canceled by the end of June. As the company announced, the airline expects that customer demand will only recover in the summer of 2022.

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The airline employs a total of 18,000 people worldwide. The job cuts are expected to take place in the “next three to four months,” Ryanair boss Michael O’Leary told Bloomberg TV. O’Leary himself plans to forego 50 percent of his salary by March 2021.

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20 percent less wages

According to the company, unpaid holidays, wage cuts of up to 20 percent and the closure of some locations in Europe may also be necessary due to the corona crisis.

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Ryanair is expected to carry less than 100 million passengers this year instead of the planned 154 million passengers, O’Leary said. “The situation is bleak.” He expects European governments to resume normal flight operations in July.

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