Air Transport World

Ryanair. (Newsbriefs: Europe Report).(Brief Article)

Ryanair plans to eliminate 400 of 600 positions at buzz and suspend operations for at least a month beginning April 1. Remaining staff accepted "significant" increases in pay, productivity allowances and improved terms and conditions. Ryanair said the steps are necessary owing to the former KLM subsidiary's "precarious" financial situation, with net losses totaling [euro]E60 million ($64. …

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