Low-cost carrier Ryanair prepares to cut 3,000 jobs amid coronavirus pandemic crisis

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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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.

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