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Ryanair Holdings to Cut Traffic in Germany by 12%
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Ryanair Holdings to Cut Traffic in Germany by 12%
Oct 10, 2024 10:54 PM

07:29 AM EDT, 10/10/2024 (MT Newswires) -- Ryanair Holdings ( RYAOF ) said Thursday that it will cut its traffic in Germany by 12%, cancelling 22 routes and 1.8 million seats, for summer 2025 due to increase taxes and fees.

As part of the move, Ryanair ( RYAOF ) said it will close its bases in Dortmund, Dresden and Leipzig, and slash offerings in Hamburg by 60%. According to the company, the reduction "will have a devastating impact on jobs, tourism and connectivity."

Ryanair ( RYAOF ) called on German Transport Minister Volker Wissing to "act immediately" on the rising costs to prevent further traffic cuts in summer 2025.

Price: 43.57, Change: -0.23, Percent Change: -0.53

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