The Gulf Time Newspaper One of the finest business newspapers in the UAE brought to you by our professional writers and editors.
Bloomberg
Ryanair Holdings Plc is cancelling as many as 50 flights a day for the next six weeks as it moves to reduce a backlog of crew vacation before as required by Irish regulators.
The Dublin-based carrier will offer refunds or alternative flights to the “small number†of affected passengers over the period, it said in a statement, adding that the cancellations, which amount to 2 percent of its network, won’t have an impact on earnings in September and October.
Ryanair is mandated under the Irish Aviation Authority to bring staff holidays in line with the calendar year from January 1, requiring it to allocate the leave before the end of the year.
The move will also help bring up punctuality back up to 90 percent by providing additional standby aircraft, after on-time performance fell below 80 percent in the first two weeks of September. That’s been prompted by air traffic control issues in France, the UK, Germany and Spain, as well as thunderstorms, it said in the release.