The capital controls imposed on Greek banks have already had a significant impact on Greek society. Since Greeks are unable to use their credit and debit cards to make purchases the low cost airline Ryanair announced that Greeks passengers will be able to buy tickets with cash.
The airline which carries over 100 million passengers per year, operates based on the policy of not accepting cash anywhere in the world because all transactions between the company and its clients are made with credit and debit cards.
However, because of the staggering developments in Greece and after the capital controls imposition which restricts the amount of money that Greeks can spend, the low cost company will no longer accept debit and credit cards issued by Greek banks.
Therefore, as of today, July 1, Greeks can buy Ryanair tickets from all airports supported by the airline, using cash.
Airlines officials estimate that Ryanair’s change in policy will bring a long-term sharp drop in the company’s air traffic growth. The company estimated that it will carry over 4 million passenger to and from Greece in 2015.
Meanwhile, in the official announcement Ryanair noted: “Ryanair has now provided the option for Greeks looking to travel to buy their plane tickets in cash at the Ryanair ticket desk at its airports.”
Foreign citizens who are not affected by capital controls which are imposed on Greek citizens can buy their tickets at Ryanair.com without restriction, added the announcement. Ryanair will continue to monitor the situation in Greece and to inform all the affected customers and residents of Greece of any changes.
See all the latest news from Greece and the world at Greekreporter.com. Contact our newsroom to report an update or send your story, photos and videos. Follow GR on Google News and subscribe here to our daily email!
