Yes they are....
Ryanair, the World’s favourite airline, today (21st July) announced a 40% capacity cutback in its Stansted Winter Schedule starting in October ’09. Ryanair operated 40 aircraft from Stansted this summer but will reduce this to 24 aircraft (a 40% reduction) this winter with a 30% reduction in the number of weekly flights and a loss of 2.5m passengers at Stansted between October and March 2010.
Ryanair - News : Ryanair Cuts Stansted Winter Capacity by 40%