Bad news for people in Europe who want a cheap getaway.

Low-cost airline Ryanair has announced they're cancelling 40 to 50 flights a day until the end of next month, affecting up to 400,000 passengers.

The change has been put down to rostering issues.

Europe correspondent Catherine Field says told Mike Hosking those looking forward to a late summer holiday will be disappointed.

"It seems to be around some these more summer oriented destinations that Ryanair is pulling out from."

LISTEN ABOVE as Europe correspondent Catherine Field talks to Mike Hosking about Ryanair's mass cancellation of flights.