Ryanair post virus plan

[turkeyfoot]

Hi

Reported today is that Ryanair will slash prices by more than 50% and operate at a loss over the next year, in an attack on struggling rivals.
They have cash reserves of 4 billion euro and a net debt of 400m euro to weather the losses
They restart 40% of its flights from July 1st.

Reported that they may have to move to lower cost airports as they negotiate lower charges.
Also  plan to increase their  fleet with Boeing. Hoping to get big discounts with an order of up to 247 of the new 747's he has ordered as they are desparate to sell.

By last Thursday they had sold 30% of its seats for July, compared to 60% the same time last year.
They would prefer to  pile it high and sell cheap, rather than reduce flights.

There will be no social distancing on board instead it will be mandatory for passengers and crew to wear masks.
Queuing for toilets will be banned with passengers asked to ring a bell to be directed by the crew

They say they will be lucky to  carry 5m passengers this July and the average fare will be 25 - 30 euro

Geoff

[sueandmikeakablondegirl]

I read today that Greece are banning brits because of the high numbers from co vid ...

[vivian]

Hi Sue and Mike, If you go on Arilla,s Today and read the post by Turkey foot.  Geoff ,You will see the list as to which country,s are banned and why. I was wondering how it was broken down but it explanes  it very well.

[Truth]

Looking at next years prices that are released so far it doesn't appear they are slashing prices !!!!  🙁

[turkeyfoot]

Hi
Perhaps he put the prices up first, then reduces them😂
Geoff

[Truth]

Anythings possible ...  I can believe it 🤣🤣