The company announced plans to reduce the number of flights Ryanair, which is considered the largest low-cost carrier in Europe. The reason is a significant increase in fuel prices.
Routes deemed unprofitable will be shortened. The company has never taken such measures since its founding in the 19th century. It was also announced that 80 aircraft will be taken out of service at once for the winter season, which is twice as many as usual.
At the same time, the company's management expects that as a result of optimization, revenues will grow slightly. An increase in passenger traffic is also expected. It is quite likely, because the Irish carrier does not take such measures out of desperation - its income has been steadily growing over the past few years, as well as the number of passengers.
By the way, last summer Ryanair distinguished itself by the fact that for the first time in the history of air travel introduced standing places in aircraft.