Ryanair warns on lower profit, capacity cuts as strikes, fuel costs mount

Credit: Rob Finlayson
Irish LCC Ryanair warned Oct. 1 it could not rule out reductions in earnings this year as a combination of strikes and higher fuel costs affect revenues. The LCC lowered its full-year profit guidance (excluding its Austrian associate LaudaMotion) from its previous €1.25-€1.35 billion ($1.45-$1.57...
Alan Dron

Based in London, Alan is Europe & Middle East correspondent at Air Transport World.

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.