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Low-cost airline Ryanair said it will cut its flights from Stansted Airport by 9% over the next year, putting a thousand jobs at risk. The announcement came after it was sold to the Manchester Airports Group for one point five billion pounds. Jamie Shepherd reports.
Low-cost airline Ryanair has said it will cut its flights from Stansted Airport by 9% over the next year.
Ryanair had planned to increase the number of flights to and from the Essex airport by 5% from April, but will now cut 170 flights across 43 routes a week because of increased fees at Stansted.
The announcement came after Stansted was sold by Ferrovial/BAA to Manchester Airports Group for £1.5 billion.
Ryanair blamed its decision on a 6% increase in charges at the airport, which it says should be investigated by the Civil Aviation Authority
Ryanair spokesman Robin Kiely said:
"It's bad enough that Ferrovial/BAA has doubled prices over the past six years and presided over record traffic falls at Stansted, but it appears that the CAA now rewards this commercial failure by allowing Ferrovial/BAA to again raise fees in 2013 to compensate for its traffic declines in 2012."