Ryanair CEO: Job Cuts Represent About 15% of Total Staff

The transcript discusses Ryanair's response to the COVID-19 crisis, including job cuts, reduced passenger numbers, and the impact of state aid on competition. Ryanair plans to challenge state aid legally and adjust its fleet and operations. Safety measures and pricing strategies are outlined for post-COVID operations. The impact of oil prices and future challenges in a competitive market are also discussed.

What is the airline's strategy for dealing with the expected decline in air traffic?

What are the expected changes in staffing levels and pay for the remaining employees?

How does the airline plan to adjust its fleet in response to the current market conditions?

What challenges does the airline face in terms of pricing against legacy airlines?