Ryanair's planning to cut up to 3-thousand jobs because of the "unprecedented" coronavirus pandemic - mainly pilot and cabin crew jobs,
The airline says it will also have to resort to unpaid leave, and pay cuts of up to 20%, and the closure of a number of aircraft bases across Europe until traffic recovers.
In a statement, the airline says it expects it to take at least two years to get passenger demand and pricing back to the levels seen last year.
Ryanair says it expects to operate less than 1% of its scheduled flying program in May & June of this year.
Meanwhile, Ryanair has slammed the "unprecedented volumes of state aid" being received by carriers such as Lufthansa, Air France-KLM, Al-italia, SAS and Norwegian.
It claims it will distort the competitive market when flying resumes.
Ryanair says the state aid is a breach of EU rules that will fund many years of below-cost selling.
It plans to challenge the bailouts in the European courts.
The company says it will not request such state aid but Ryanair is however availing of the Wage Subsidy scheme.
