Ryanair 1H profit down 7% on ATC strikes, higher costs

Credit: Rob Finlayson
Ryanair’s first-half profit fell 7%, hit by lower fares, air traffic control strikes and higher fuel, staff and passenger compensation costs which offset growth in ancillary revenues. The Irish LCC said the tough operating environment will lead to more airline failures this winter and it warned it...
Helen Massy-Beresford

Based in Paris, Helen Massy-Beresford covers European and Middle Eastern airlines, the European Commission’s air transport policy and the air cargo industry for Aviation Week & Space Technology and Aviation Daily.

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