Ryanair closing four Spanish bases

Ryanair announced it is closing four of its bases in Spain, a move a Spanish union said would result in more than 500 job losses.

The effected bases are of Girona, Tenerife, Lanzarote and Gran Canaria  and will go into effect in January after a review showed “significant overcapacity in the European short haul market”.

The low-cost airline, facing a September cabin strike in Spain. The USO union said in a statement that just as it was engaged in talks on providing a minimum service for 10 strike days Ryanair had informed it by email of the impending closures — citing Brexit worries as an additional factor. USO added that 512 Spanish-based staff were set to lose their jobs.

The Local reports that the news, in a statement flagging up “formal notification of collective dismissal proceedings,” comes after two profit warnings in the past 10 months at Ryanair and on the back of a 41 percent dive in first-quarter earnings.

The carrier also blamed Boeing 737 Max aircraft delivery delays affecting
its plane allocations for the coming months.

Via The Local Spain

 

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