May 1, 2020
Ryanair may cut up to 3,000 jobs to survive virus
Ryanair has said it may shed up to 3,000 jobs as it restructures to cope with the coronavirus pandemic. There were likely to be pay cuts of up to 20% for remaining staff, the airline added. Boss Michael O'Leary, whose pay was cut by 50% for April and May, has now agreed to extend this 50% pay cut for the remainder of the financial year to March 2021. London's Heathrow airport, normally the busiest in Europe, has said it expects passenger numbers to have fallen 97% in April as demand slumped amid the coronavirus pandemic. Numbers fell 18.8% to 14.6 million during the first three months of the year, the airport said.
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