Ryanair to Cut Back Flights to Italy Amid Coronavirus

Ryanair to Cut Back Flights to Italy Amid Coronavirus

Per Reuters, Ryanair Holdings plc RYAAY plans to reduce flights to and from Italy by 25% following a significant drop in bookings in the region due to the coronavirus outbreak.

Capacity in the airline’s primary market, Italy, will be slashed for the period between Mar 17 and Apr 8. This European low-cost carrier witnessed a dramatic fall in ticket purchases over the past week and a “significant step up” passenger no-shows, especially from and within Italy.

Source: Yahoo Finance

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