Stock Take
Legal tussles rattle Ryanair as battle with Booking.com clips its wings
Investors rattled by the recent 7 per cent drop in the airline’s share price will be watching closely its third quarter results, due at the end of the month
After a year of flying high, shares in Ryanair had something of a crash-landing last week after the aviation giant issued what was effectively a minor profit warning as it continues to wage multiple legal battles with online travel agencies such as Booking.com and others.
On Wednesday last week, the Irish airline company issued an investor update after a host of online travel agencies, including Booking.com, Kayak and Kiwi, removed all links to Ryanair flights ...