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0.000575799950645662 0.000575799950645662 -0.000904828493871839 0.000740314222258809 -8.22571358065733E-05 -0.00781442790162049 -0.00575799950645721 -0.00468865674097234
Stock impact report

Ryanair slashes over a million seats on flights to Spain in battle over airport fees [Yahoo! Finance]

Ryanair Holdings plc - American Depositary Shares, each representing five Ordinary Shares (RYAAY) 
US:NASDAQ Investor Relations: investor.ryanair.com
Company Research Source: Yahoo! Finance
Low-cost airline Ryanair has announced it will cut 1.2 million seats in its Spanish flight schedule next summer as the airline continues to battle regional airport fees. The airline said on Wednesday, 8 October, it will also stop all flights to and from Asturias Airport in northern Spain Ryanair claims its decision comes as the Spanish airport group Aena “continues to raise its uncompetitive airport fees at Spanish (mostly empty) regional airports”. This reduction in summer flight capacity to and from Spanish destinations, which is the equivalent to around 10 per cent fewer seats, follows Ryanair's one million seat cuts to regional Spain for winter 2025. Ryanair Group CEO Michael O'Leary claims: “Aena and its major shareholder, the Spanish government, continue to harm regional traffic growth, tourism and jobs in Spain through high airport fees and unjustified price increases.” Mr O'Leary is calling for Aena to lower airport fees at underused regional airports, but instead s Show less Read more
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