Ryanair Slows 2020 Growth and Closes Two Bases

Irish airline Ryanair today updated its investors on further delivery delays of the Boeing 737 MAX aircraft for summer 2020.

Ryanair has again revised its summer 2020 schedule based on receiving just 10 MAX aircraft rather than the 20 as previously planned. 

As a result, expected traffic growth for FY21 (y.e. 31 March 2021) is cut from 157m guests to 156m.

This shortfall in aircraft deliveries will necessitate the closure of two more bases in 2020: Nuremberg and Stockholm Skavsta. The airline also expects to cut summer capacity in a number of other existing bases, and it’s currently in discussions with its staff, the unions, and affected airports to finalize these minor reductions.

Eddie Wilson, Ryanair DAC Chief Executive Officer, said:

“We regret these two further base closures and minor capacity cuts at other bases which are solely due to further delivery delays to our Boeing MAX aircraft. We are continuing to work with Boeing, our people, our unions and our affected airports to minimize these capacity cuts and job losses”.

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