O`Leary
In the results statement, Ryanair has this to say about its need to cut costs.
"Sadly, due to the Max delivery delays, we will be forced to cut or close a number of loss making bases this winter leading to pilot and cabin crew job losses.
"We continue to work with our people and their unions to finalise this process."
In a video alongside the results, chief executive Michael O'Leary (pictured) said there is "a real risk that it would have no Boeing 737 MAX aircraft flying next summer if there are additional delays to the return to service of the grounded aircraft.
"We have now reduced our expectation of 30 Max aircraft being delivered to us in advance of peak summer 2020 down to 20 aircraft and there is a real risk of none."
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