Ryanair Hold. Plc

Foreign Filer Report • Aug 17, 2020

6-K 1 a3499w.htm RYANAIR CUTS CAPACITY IN SEPT & OCT BY ALMOST 20% Document created using Blueprint(R) - powered by Issuer Direct - www.issuerdirect.com Copyright 2020 Issuer Direct Corporation a3499w

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

Report of Foreign Private Issuer

Pursuant to Rule 13a-16 or 15d-16

of the Securities Exchange Act of 1934

For the month of August 2020

RYANAIR HOLDINGS PLC

(Translation of registrant's name into English)

c/o Ryanair Ltd Corporate Head Office

Dublin Airport

County Dublin Ireland

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual

reports under cover Form 20-F or Form 40-F.

Form 20-F..X.. Form 40-F

Indicate by check mark whether the registrant by furnishing the information

contained in this Form is also thereby furnishing the information to the

Commission pursuant to Rule 12g3-2(b) under the Securities Exchange

Act of 1934.

Yes No ..X..

If "Yes" is marked, indicate below the file number assigned to the registrant

in connection with Rule 12g3-2(b): 82- __

RYANAIR CUTS CAPACITY IN SEPT & OCT BY ALMOST 20% AS FORWARD BOOKINGS WEAKEN

Ryanair, Europe's largest airline, today (Mon 17 th Aug) announced that it would reduce its flight capacity by 20% during the months of Sept & Oct as forward bookings have notably weakened over the last 10 days, given continuing uncertainty over recent Covid case rates in some EU countries.

Ryanair confirmed that most of these cuts would be frequency reductions rather than route closures, and they will be heavily focused on those countries such as Spain, France and Sweden, where rising recent Covid case rates have led to increased travel restrictions, and Ireland which continues to impose a uniquely restrictive Green List, which imposes 14 day quarantines on visitors from most other EU countries such as Germany (16.3) and the UK (18.6), which have lower Covid case rates over the last 14 days than Ireland (22.1).

A Spokesperson for Ryanair said today:

" These capacity cuts and frequency reductions for the months of Sept & Oct are necessary given the recent weakness in forward bookings due to Covid restrictions in a number of EU countries. Any effected passengers in Sept received email notification earlier today advising them of their options. Similar communications will be issued to the small number of affected passengers in Oct later today. Over the past 2 weeks as a number of EU countries have raised travel restrictions, forward bookings especially for business travel into Sept & Oct have been negatively affected, and it makes sense to reduce frequencies so that we tailor our capacity to demand over the next 2 months.

Proper testing at airports, and effective tracing (as is being conducted in Germany and Italy) is the only realistic and proportionate method of supervising safe intra-EU air travel while effectively limiting the spread of the Covid-19 virus."

ENDS

For further information

please contact:

Alejandra Ruiz Piaras Kelly

Ryanair DAC Edelman Ireland

Tel: +353-1-9451799 Tel: +353-1-592 1330

press@ryanair.com ryanair@edelman.com

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.

RYANAIR HOLDINGS PLC

Date: 17 August, 2020

| By:/s/
Juliusz Komorek_ |
| --- |
| Juliusz
Komorek |
| Company
Secretary |

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