This airline is slashing checked bag fees

June 2, 2016 5:20 PM

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European airline Ryanair is reducing its checked baggage fees -- just in time for the busy summer travel season.

The low-cost carrier, which calculates its checked baggage fees on luggage weight and flight duration, announced Thursday it's cutting some fees by as much as 50%.

Also read: Union Pacific to layoff 750 U.S. employees amid broader cost-cutting

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