Ryanair grounds most of its fleet across Europe for the next week
“We have seen a substantial decline in bookings over the last 2 weeks, and we expect this will continue for the foreseeable future”
Ryanair said on Monday it would ground most of its aircraft in Europe over the next seven to 10 days, expects to cut seat capacity by 80% for the next two months, and could even ground its entire fleet, given travel restrictions due to the coronavirus pandemic.
"We have seen a substantial decline in bookings over the last 2 weeks, and we expect this will continue for the foreseeable future," the company said.