Ryanair to cut 3,000 jobs as the coronavirus crisis drags on

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Ryanair plans to cut 3,000 jobs and talk to Boeing about delaying plane deliveries as it does not expect European air traffic to recover fully from the coronavirus crisis until 2022, Reuters reported while quoting the Irish airline.

Two weeks ago, Europe's biggest budget airline said it could make bumper profits in 2021 and had no plans to defer jet orders.

The airline said it was now reviewing growth plans and plane orders and was in talks with Boeing and aircraft lessors to cut the number of deliveries over the next 24 months.

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