Ryanair cuts planned capacity and jobs, blames 737 MAX delays

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Ryanair cuts planned capacity and jobs, blames 737 MAX delays
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Low-cost airline Ryanair trimmed its passenger traffic forecast on Wednesday, sa...

FILE PHOTO: A Ryanair Boeing 737-800 plane takes off at the Riga International Airport, Latvia March 15, 2019. REUTERS/Ints Kalnins/File Photo

Ryanair, one of the biggest MAX customers with 210 planes on order, is working with “a steadily declining number” of deliveries expected by summer, group Chief Executive Michael O’Leary said during an unrelated court hearing in Dublin on Wednesday. Shares in Sweden’s SAS were 2.6% higher in response to news of Ryanair’s Stockholm base closure. Ryanair’s shares were 0.3% higher.

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