DUBLIN—Ryanair will cut capacity in and out of Italy, its largest market, by 25 percent for three weeks due to a significant drop off in bookings since a coronavirus outbreak, Europe’s biggest low-cost airline said on Monday.
The Irish airline said it did not expect the cancellations to have a material impact in its current financial year, which ends on March 31, and said it was “far too early to speculate” on the impact of the virus on next year’s results.
