November 22, 2012 / 11:21 AM / 5 years ago

BRIEF-Ryanair to cut routes, 800 jobs at Budapest airport

LONDON, Nov 22 (Reuters) - Ryanair Holdings PLC : * Ryanair announces 40% cuts at Budapest as Hochtief fails to offer competitive

costs * Closure of 10 routes and loss of over 280 weekly flights from 10 January 2013 * 10 routes, 800,000 passengers & 800 jobs lost at Budapest airport * Ryanair's Budapest traffic will fall by 800,000 pax p.a * Leading to the loss of up to 800 "on-site" jobs

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