Irish budget flyer Ryanair is cancelling flights for the coming winter season and is scaling back its presence in several countries.
The airline is doing this because the number of coronavirus infections is rising again in many European countries, and the demand for tickets is falling.
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Ryanair planned to operate about 60 percent of last year’s flights in the coming months but is now cutting that to 40 percent.
Aircraft must be at least 70 percent full on average to protect profitability. Ryanair is thus keeping its expectations for the occupancy rate of the aircraft the same.