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...

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