Ryanair's staff are to take a 50 per cent pay cut.
Ryanair's staff are to take a 50 per cent pay cut.
The company's Chief Executive's told the Financial Times that it's preparing for a lengthy shutdown in European air travel.
Westmeath's Michael O' Leary told the newspaper they are working on a worst case scenario of two to three months, in which flights would be grounded and revenues vanish.
Yesterday, trade union Forsa said Aer Lingus wages are to be halved on a temporary basis.
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