The low-cost carrier Ryanair has announced plans to stagger 3,000 jobs, representing 15% of its total staff, as the coronavirus outbreak caused a major drop in passenger numbers. FRANCE 24’s business journalist Cole Strangler explains Ryanair is but the latest of airlines to cut jobs or pay.
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In This Story: France
France is a republic and the largest Western European nation. Through expansion and colonisation in the 17th and 18th centuries France became a great power and still retains territories around the world. It has a seat on the UN security council and is the world’s fourth most wealthy country with a high standard of living and strong cultural identity.
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In This Story: Ryanair
Ryanair DAC (LON: RYA) is a European Low-cost airline founded in Ireland in 1984. It is headquartered in Swords, Dublin, with its primary operational bases at Dublin and London Stansted airports. It forms the largest part of the Ryanair Holdings family of airlines, and has Ryanair UK, Buzz, and Malta Air as sister airlines.