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3,000 workers could be sent from Ryanair, according to the company itself, according to CNN. The company is trying to survive the crisis caused by the coronavirus epidemic, from which they believe they will be able to recover in approximately two years to recover from the conditions of 2019. According to the current situation
less than 1 percent of scheduled flights could be completed on Ryanair this quarter.
The layoffs will begin in July and will primarily affect pilots and flight crews through austerity measures, such as unpaid leave, a 20% pay cut, or the closure of several aircraft centers. Ryanair, by the way, complained that they were at a disadvantage compared to domestic airlines, as their government was trying to rescue them.
According to Ryanair, it is conceivable that the flights will be even cheaper in the future.
CNN writes that Lufthansa is reducing the number of its planes by 100 planes, which means that 10,000 jobs at the German airline have been put at risk. The company recorded a loss of 1.2 billion euros in the first quarter and is expected to be even greater for the next quarter. That is why they have stated that they can no longer clearly rule out layoffs at the company. Of the company’s nearly 760 planes, 700 have been unable to take off for weeks. Besides
- 3,000 daily flights must be canceled,
- The number of passengers decreased by 99 percent,
- The company’s 80,000 employees work part-time.
It is no coincidence that Lutfhansa is already negotiating a rescue package with the German, Austrian and Belgian governments, as the company also includes Austrian Airlines, Brussels Airlines and Swiss International Air Lines in Switzerland.
The most important question, according to the company’s CEO, is whether they can avoid bankruptcy in all four countries with the help of governments. They hope that everything will return to the old wheelhouse by 2023.
(Cover image: Ryanair parked planes at London Stansted Airport on April 15, 2020. Photo: Chris J Ratcliffe / Getty Images)
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