Ryanair to cut flight schedules over 80% then ground airline
Join Date: Oct 2018
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The Max debacle could be Ryanair's saviour. Instead of now parking 20 new owned Max they have 2 billion extra in cash. Probably the same for some other airlines.
Still think a graduated payreduction would be more pallatable. They on big salaries can stomach a larger percentage reduction than those on relatively little. But Ryanair is not run for the easy exchangable part of the workforce.
Still think a graduated payreduction would be more pallatable. They on big salaries can stomach a larger percentage reduction than those on relatively little. But Ryanair is not run for the easy exchangable part of the workforce.
Because everyone now thinks in the short term...but they were planning a huge growth, now this huge growth will not come true.. So yes they have a huge pile of cash 3.5bn now.. Maybe they would erode only 0.5bn this year with this coronavirus, but what about next?
If anyone is interested they can find the 2019 RYR annual report here https://investor.ryanair.com/wp-cont...ual-Report.pdf
No absolutely not
We are talking about dying.
We need to shut borders, lock down and test. Several weeks ago. No ifs no buts.
If we had done so early enough we would be coming out the other end. The longer the delay the worse it will be medically and economically. The UK government must wake up.
In any case there is no knowledge as to how long exposure protects you. It may be short term, it may be the virus mutates. The only protection is to develop one of the vaccines and to trial the drugs identified by AI. Both the other side of the potential second wave
We are talking about dying.
We need to shut borders, lock down and test. Several weeks ago. No ifs no buts.
If we had done so early enough we would be coming out the other end. The longer the delay the worse it will be medically and economically. The UK government must wake up.
In any case there is no knowledge as to how long exposure protects you. It may be short term, it may be the virus mutates. The only protection is to develop one of the vaccines and to trial the drugs identified by AI. Both the other side of the potential second wave
What is required is control at borders so that people only cross for good reason, wear face masks and, where appropriate, undergo quarantine.
Totally closing borders causes massive agglomerations of people in close contact as they all try to return home.
For the same reason Ryanair should be running down their schedule rather than terminating it.
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Thanks
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Sort of Alsacienne, Aircraft don't like to be parked up, by giving them a run it keeps them working and of course it allows the crew to spot any problems that the engineers can then fix.
