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Fuel hike forces Ryanair to cut flights

  • Story Highlights
  • Ryanair reducing planes at London base, suspending some Europe flights
  • CEO: London cutbacks will cost 900 jobs, including 150 Ryanair employees
  • Will suspend operations to Basel, Budapest, Krakow, Palma, Valencia, Salzburg
  • Company puts the blame on rising fuel costs, high airport charges
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