UK household finances weaken as job worries mount; Ryanair cuts capacity – business live | Business
Ryanair is to cancel almost one in five flights from its September and October schedules after a drop in bookings in the last 10 days, as Covid-19 cases have increased in Europe, leading to fresh quarantine restrictions.
Europe’s biggest carrier said forward bookings had “noticeably weakened” and it would take 20% from its capacity to reflect demand, mainly cutting flight frequencies rather than routes.
Ryanair said the biggest cuts in its flight network would be to France, Spain and Sweden, as well as Ireland, which has imposed tight quarantine rules.
France was removed from the UK government’s travel corridor list with effect from 4am Saturday, following a week of speculation, forcing returning passengers to quarantine for 14 days. Spain was removed abruptly at the end of last month.
Ryanair said Ireland’s quarantine rules were now the most restrictive of any EU country and called on the Irish government to amend its “green list” of safe countries, which currently includes Germany.