Ryanair profits slide, warning of jobs losses as industrial action mounts

Ryanair profits slide, warning of jobs losses as industrial action mounts
Ryanair head offices. Pic: Getty

The airline said it it made a profit of €319 million in three months to the end of June, even as higher costs eroded its profit margins

Ryanair has reported a 20 per cent drop in first-quarter profits due to higher staff costs and the surge in oil prices and has warned that continuing industrial action could lead to job losses.

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