July 22, 2009
Ryanair to cut flights, end routes
Ryanair Ltd. plans to cut 670 weekly flights, end 10 routes and reduce the frequency of another 30 routes this winter, the Irish low-cost airline said.
The carrier -- the world's largest in terms of international passenger numbers -- refused to say which routes would be affected, The Times of London reported Wednesday.
Aircraft are the ultimate mobile assets, Ryanair Chief Executive Officer Michael O'Leary said.
I will put them where it's cheapest.
Greece, Belgium and the Netherlands have also eliminated landing fees, and airports around Europe are understood to be arranging discounts with airlines to keep services operating, the Times said.