Ryanair could axe 300 jobs in Dublin fleet cuts
Low-cost airline Ryanair announced on Wednesday it plans on cutting its Dublin based fleet by 20% to 24 aircraft for the winter 2018 season and could axe 300 jobs in the process.
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The cuts were driven by the rapid and profitable growth of Ryanair’s Polish airline, Ryanair Sun, and a downturn in forward bookings and air fares in Ireland.
This could be a result of recent rolling strikes by Irish pilots which had a negative effect on high fare bookings and forward air fares as consumer confidence in reliability of the company’s flight schedule was shaken, analysts suggested.
Ryanair’s COO Peter Bellew said: “Ryanair operates a fleet of over 450 aircraft from 87 bases across Europe. We can only do so if we continue to offer low fares, reliable flight services to our customers, and if our reputation for reliability or forward bookings is affected, then base and potential job cuts such as these at Dublin are a deeply regretted consequence”.
Ryanair Sun will offer over 10 aircraft to Polish tour operators, more than double the five aircraft offered in Summer 2018.
The closures in Dublin could affect 300 workers. Ryanair on Wednesday issued letters of protective notice to over 100 pilots and 200 cabin crew employees who might lose their jobs from 28 October onwards.
Ryanair will offer transfers to Poland and maybe some other bases to the affected staff to minimise redundancies.
The airline will now begin consultations with its people on redundancy, that will be determined by Ryanair’s assessment of flight performance, productivity, attendances and base transfer requests.