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Global Business Daily: Ryanair anger, Exxon losses, Boeing bonds

2020-05-02 08:18:00       source:CGTN

May 2, 2020 


"What's going to happen now, because all of this state aid dumping, is that the well-run, financially strong airlines going into this the strongest are going to come out the weakest."


Ryanair's Michael O'Leary vented his anger about the funds given to many global airlines, as he broke the news that the budget Irish carrier would keep the majority of its planes on the ground for the foreseeable future and would cut 15 percent of its workforce. 


But there's good news, if not instant help, for Ryanair customers – O'Leary confirmed those who wanted cash refunds instead of vouchers would get them. 


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https://newseu.cgtn.com/news/2020-05-02/Global-Business-Daily-Ryanair-anger-Exxon-losses-Boeing-bonds-Q99l5sex1e/index.html