Ryanair has entered into negotiations with Boeing over reduced aircraft deliveries for the next two years. The low-cost giant believes it will take at least that long for demand for airline tickets to really pick up again, which could lead to the company shedding up to 3,000 employees.

A statement from Ryanair on Friday also states that the coronavirus means that more than 99 percent of the company's flights are canceled until at least July.

Source: TT