LOT to be restructured
7th January 2013
On Thursday, Ryanair announced it was cutting flights to Bratislava, Bremen, Frankfurt, Fuerteventura, Gothenburg, Kaunas, Lodz and Poznan. This comes after the carrier halted five of their summer routes. This will result in around 500 job losses.
Ryanair blamed a "breakdown of negotiations" about costs with airport operator BAA and warned of further cuts if the five-year competitive cost agreement is not extended.