[ad_1]
AAfter what has been a turbulent summer for Ryanair, it seems that the problems of the budget airline are far from being solved, as it warned that the worst could happen if the recent strikes continued.
The low-cost company has announced that its annual profits would be 12% lower than expected, rising from 1.25 billion euros to 1.35 billion euros (1.1 to 1.2 billion pounds sterling). , 1 billion to 1.2 billion euros, after a decline in traffic due to coordinated strikes between pilots and crews in Germany, Holland, Belgium, Spain and Portugal in September.
He said new disturbances in his third quarter "can not be ruled out", which may require a reduction in forecasts for the entire year.
A reduction in customer confidence, third quarter rates and term bookings for school and Christmas mid-term were affected in these five countries for fear of further strikes disrupting travel.
The news shook the aviation industry as Ryanair shares fell from 8.5 to 12 pence, its lowest level in two years.
Elsewhere in the industry, Easyjet dropped more than 5%, Air France by 3.5%, Lufthansa 2pc and British Airways by 3pc.
[ad_2]
Source link
