Ryanair CEO Michael O’Leary holds a news conference in Machelen near Brussels, Belgium October 9, 2018. REUTERS/Francois Lenoir/File Photo
October 17, 2018
BERLIN (Reuters) – Ryanair <RYA.I> does not expect to grow in Germany next year, after closing its bases in the northern German city of Bremen and at Weeze near Duesseldorf, Chief Executive Michael O’Leary told Reuters on Wednesday.
Ryanair said earlier this month it was removing capacity from those bases as well as at Eindhoven in the Netherlands to cope with the lower fares, higher oil prices and strike costs, which a pan-European body representing Ryanair pilot unions said was a “declaration of war” amid labor talks.
(Reporting by Klaus Lauer; writing by Maria Sheahan; editing by Thomas Seythal)
