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PRESS: Ryanair To Shut Four Spanish Bases In January; 500 Jobs At Risk

Fri, 23rd Aug 2019 18:07

(Alliance News) - Budget airline Ryanair PLC will shut four bases in Spain putting 500 jobs at risk as part of its wider cost-cutting programme, a local trade union told Reuters on Friday.

Union Sindical Obrera told the news wire the Irish airline confirmed in an email to the union it would close its bases in Las Palmas, Tenerife South, Lanzarote and Girona from January 2020.

The USO explained this could potentially result in the loss of over 500 jobs across pilots and cabin crew. The email from Ryanair also announced it would launch a collective dismissal process.

Last week, Ryanair had confirmed to Reuters that it planned to close its base at Faro International Airport in Portugal as well as two on the Canary Islands. It had cautioned, however, that a final decision on how many had not been made.

Las Palmas, Tenerife and Lanzarote are all part of the Canary Islands. Meanwhile, Girona is a city located in the north-west of the Spanish mainland - near to the French border.

https://www.reuters.com/article/us-ryanair-unions-spain/ryanair-to-shut-four-spanish-base-next-year-union-idUSKCN1VD1VR

Shares in Ryanair closed 0.4% higher at EUR8.57 in London on Friday.

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5 Jan 2023 16:56

LONDON MARKET CLOSE: Stocks make headway thanks to retailers

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5 Jan 2023 09:20

LONDON BROKER RATINGS: Bank of America cuts Pearson to 'underperform'

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday afternoon:

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4 Jan 2023 21:57

TOP NEWS: Ryanair raises full-year outlook after strong quarter

(Alliance News) - Ryanair Holdings PLC late on Wednesday raised its full-year profit guidance on a strong performance over the Christmas and New Year's Eve period.

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4 Jan 2023 17:00

LONDON MARKET CLOSE: Miners, oil majors limit gains for FTSE 100

(Alliance News) - The FTSE 100 underperformed on Wednesday, weighed down by oil and mining stocks, but other European indices rallied.

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4 Jan 2023 12:21

LONDON MARKET MIDDAY: Markets upbeat as eyes turn to Fed minutes

(Alliance News) - Stock prices in London were higher at midday on Wednesday as investor sentiment remained buoyed, despite some mixed economic data, as traders look ahead to meeting minutes from the US Federal Reserve.

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4 Jan 2023 08:13

TOP NEWS: Ryanair achieves higher passenger numbers in December

(Alliance News) - Ryanair Holdings PLC on Wednesday reported it carried more passengers in December compared to a year earlier.

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4 Jan 2023 07:48

LONDON BRIEFING: Bright start to 2023 for FTSE 100 set to continue

(Alliance News) - Stocks in London are set to open higher on Wednesday, continuing a decent start to the new year and for now overlooking recessionary fears which are hanging over markets.

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4 Jan 2023 07:14

Ryanair December passenger numbers up 21%

(Sharecast News) - Low-cost airline Ryanair reported a 21% rise in passenger numbers for December as travel rebounded from the Covid pandemic.

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30 Dec 2022 10:24

Ryanair three-day strike in Belgium grounds dozens of flights

(Alliance News) - Belgian-based Ryanair Holdings PLC cabin crews on Friday launched a three-day strike over the New Year holiday, grounding dozens of flights and hitting thousands of passengers. 

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28 Dec 2022 08:49

Ryanair, easyJet, Wizz named in Italy probe into Sicily fares

(Sharecast News) - Low cost airlines Ryanair, easyJet and Wizz Air have been named as part of an inquiry by Italy's antitrust regulator into possible price-fixing for flights in and out of Sicily.

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23 Dec 2022 12:51

Ryanair strike in Belgium adds to year-end travel woes

(Alliance News) - Belgian-based cabin crews of Ryanair Holdings PLC will strike on and around New Year, unions said Friday, adding to growing labour strife in Europe that threatens a rocky holiday period for many passengers.

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20 Dec 2022 11:41

IN BRIEF: Ryanair signs deal with union to restore Irish pilots' pay

Ryanair Holdings PLC - Dublin-based low-cost airline - Signs a four-year pay deal with the Forsa union and its Irish pilots under which Ryanair's Irish pilots will receive a restoration of pay cuts agreed during the Covid-19 pandemic in this month's payroll. Says the deal also includes three years of pay increases over four years to March 2027.

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16 Dec 2022 14:57

UK's Civil Aviation Authority slams 'unacceptable' Wizz Air behaviour

(Alliance News) - Wizz Air Holdings PLC has been slammed by UK's aviation regulator for "unacceptable" behaviour as its passengers are far more likely to make escalated complaints than those of other airlines.

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LONDON BROKER RATINGS: Goldman Sachs likes Big Yellow, Great Portland

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning:

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