Ryanair announced that it would cut its base at Edinburgh from 7 to 6 aircraft, with the loss of 5 routes, 300,000 pax p.a., leading to the loss of up to 300 jobs, following the breakdown of negotiations with the high cost BAA Edinburgh about a competitive cost base for further Ryanair growth at Edinburgh. Ryanair also warned that BAA Edinburgh’s high cost base will lead to significant further cuts in Ryanair’s operation, if its 5 year agreement (which expires in Oct 2012) is not extended on more competitive terms.
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