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The largest European low-cost airline Ryanair, the first fiscal quarter 2018/2019 strikes pushed to the bottom line. Higher costs for pilots, crew and fuel as well as lower ticket prices lowered the result. Profit fell from a fifth from April to June to 319 million euros, as announced today by the Laudamotion mother in Dublin
. Customers are more reluctant to buy tickets because of recent strikes, he said.
"Brexit" annoys Ryanair
Although the company's annual profit target has been confirmed by CEO Michael O 'Leary, for the notes in the current second quarter. It aims for the entire year a profit of 1.25 to 1.35 billion euros, less than the year before. In addition to strikes, Ryanair is also the next "Brexit" to create.
In the first quarter of June, the first quarter saw its turnover drop by 9% to nearly 2.1 billion euros. During the period, the number of pbadengers increased by seven percent to 37.6 million.
Ryanair is currently facing strikes in many European countries. Also this week, the low-cost airline has canceled flights again.
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