- My Account
- Logout
- Register
- Login
Ryanair axes thousands of flights from Stansted over soaring fuel costs and airport fees
Related Articles
17 July 2008
No deal: Ryanair's chief executive Michael O'Leary said BAA had refused to cut its charges to keep all the aircraft flying
Ryanair has announced cuts to its schedule which could signal an end to the cheap winter break for many.
The budget airline is to axe one in seven of its winter flights from Stansted Airport, following rising fuel surcharges and fears over the economy.
Other airlines have already issued their own warnings.
Earlier this week, British Airways announced significant cuts to its winter services.
And bmi British Midland has said it expects fewer passengers.
Ryanair's announcement would have a knock-on effect, an industry expert warned.
Lee Hayhurst, of the Travel Trade Gazette, said: 'The expectation in the industry is that it is the second family holiday - in winter - where the pinch will be felt.'
Ryanair said its cuts will lead to 900 job losses at Stansted, including 150 of its staff.
Its weekly flights will be cut from more than 1,850 to just under 1,600 this winter.
The airline believes it will carry 900,000 fewer passengers.
It will reduce the number of planes based at Stansted from 36 to 28.
The airline does not impose fuel surcharges on passengers. But the economics of running a low- cost airline mean flights must be full to make a profit, particularly when the cost of fuel is rising and cutting into profit margins.
If planes are far from full, they do not make enough money and are candidates for the axe. By contrast, British Airways passes on the cost of rising fuel costs in the form of fuel surcharges.
Ryanair's chief executive Michael O'Leary said Stansted was adding to the problem by charging high fees. 'These winter schedule cutbacks, which are significantly greater than those of last winter, show just how damaging the BAA airport monopoly has become.'
But BAA, the aiport operator that owns Stansted, said: 'The aviation industry like many others is coping with the challenges of a global economic downturn. Everyone is feeling the pinch.'
British Airways has already warned that passengers face 'inevitable' fare rises, extra fuel charges and fewer flights with up to one in 20 cut this winter. Bosses said the airline was 'up to our necks in perhaps the biggest crisis the aviation industry has ever known'.
Last night, a spokesman said: 'Fewer people taking winter breaks is an element. Overall it is a tight economic climate. There will be some nervousness in the market for both leisure and business travellers. Rising costs such as fuel have to be passed on.'
Those who do fly face higher fares. British Airways chief executive Willie Walsh warned passengers that ticket price rises of up to 4 per cent were 'absolutely inevitable'. The airline plans to axe more than 6,000 flights over the six months from October to March. It has about 275,000 flights a year.
Bosses at bmi British Midland have also signalled they may be forced to cut flights. It was criticised by Gordon Brown this week after allegedly planning to fly empty planes this winter to keep valuable slots at Heathrow.
Bmi's deputy chief executive Tim Bye said: 'We have to keep them flying to preserve our slots. What might have been a marginal service in most winters will become even worse, partly because of the price of fuel and partly because of the drop-off in demand that the general economic cycle will bring.'
One airline insider said: 'Everyone will be cutting flights to survive.'
About 15million of us take a winter break - about a third of the 46million annual holidaymakers, The Association of British Travel Agents said.
Comments
Top stories in News
Top stories in News
-
Eden Hazard is key to Roman Abramovich’s dreams of fantasy football at Chelsea
-
TV Baftas - in pictures
-
British woman Lindsay Sandiford facing death penalty over Bali drugs haul is mother of violent robber who carried out raids in London
-
London Fields forever: street style from the hipster park
-
News pictures of the day
-
Locked up and banned: The Tube drunk whose vile racist rant was caught on film (video)
-
British housewife facing FIRING SQUAD over Bali drugs smuggling charge was 'neighbour from hell' -
They attacked "like a pack" raining fists on a defenceless legal secretary. Yesterday they walked free from court. No wonder their victim says she has been denied justice.
-
Mayor demands report from Transport for London into Jubilee Line nightmare that left hundreds of commuters trapped for hours underground
-
Video: Intruder bursts into Leveson Inquiry to brand Tony Blair a war criminal
-
Usain Bolt is quick to tell fans he’ll be lightning fast again -
Invasion of the book snatchers: Brent Council sneaks into Kensal Rise library at 2am to strip it bare -
Video: Is this the World's most OTT marriage proposal? Hilarious film -
Lessons in love: Fifty Shades of Grey ignites desire to write erotica -
Drum'n'bass pioneer Goldie creates ‘rose’ portrait of the Queen
The O2
Check out the cool stuff happening under our tent such as the hottest gigs, comedy, sport, films, clubs, bars, restaurants and much more.
Can you imagine a career in teaching?
Be inspired to teach - let real teachers show you how rewarding the job can be.
Playing a game-changing role during the Games
Cisco is providing the solutions for London 2012's complex IT needs.
Win a Silverstone track day with Zantac 75
Feel the burn of a different kind - 20 Silverstone motoring experiences to be won
Celebrate with MARTINI®
This weekend toast one royal with another and make your Jubilee sparkle with a MARTINI Royale.
Reader Offers email A fantastic selection of
offers, giveaways and
promotions.