Ryanair chaos

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By Catherine Hardy  with REUTERS
Ryanair chaos

Ryanair shares fell 3 percent in early Monday trading following its announcement late on Friday of plans to cancel between 40 and 50 flights a day until the end of October.

The company says it is trying to deal with a backlog of staff leave which must be allocated before the end of the year.

If the airline cancels 40 flights a day for six weeks, an estimated 285,000 journeys will be affected.

Ryanair has described the situation as “unacceptable” to customers.