Ryanair mulls extra job cuts after more 737 MAX delays

Image
AFP London
Last Updated : Jan 29 2020 | 5:45 PM IST

Irish no-frills airline Ryanair has warned it could axe more jobs and bases because of fresh delivery delays to Boeing's crisis-hit 737 MAX jet, according to a staff memo.

Dated January 27 and obtained by AFP on Wednesday, it warned that Boeing had pushed back its MAX aircraft deliveries by a minimum of four months.

The Irish carrier, whose fleet is comprised exclusively of Boeing jets, added that it expected to take delivery of "at least" ten MAX 200 aircraft by September or October "at the earliest".

Ryanair had already shut down some bases and axed 900 jobs last July -- when it forecast that Boeing would deliver just 30 of its ordered jets by May 2020.

The Dublin-based airline had originally expected to take delivery of 58 Boeing 737 MAX jets in time for summer 2020 in the northern hemisphere.

"More negative news from Boeing... on our MAX deliveries," the memo read. "We will now urgently revisit this summer 2020 schedule to remove another ten aircraft.

Sadly, this means we cannot rule out further base cuts and closures." It added that "further pilot and cabin crew job losses cannot be ruled out" as well.

US aviation giant Boeing faces a crisis over its top-selling 737 MAX, which has been grounded since March 2019 after two deadly crashes in Ethiopia and Indonesia.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jan 29 2020 | 5:45 PM IST

Next Story