Latest pilots’ strikes could cost Ryanair more than €30 million

Latest pilots’ strikes could cost Ryanair more than €30 million

Analysis by British bank comes as airline fights compensation claim in the High Court

Low-fares airline Ryanair could lose more than €30 million if proposed pilot strikes in Britain and Ireland go ahead.

An analysis by British investment bank RBC Capital Markets estimates that the full cost of the strike - weighing the money lost on fares against the money saved on flights and salaries, and the potential for ‘duty of care’ costs for affected passengers - could be around €30 million.

That figure is based on the cost of the...

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