Ryanair profits slide, warning of jobs losses as industrial action mounts
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.
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. The company’s net margin, always among the highest in the airline industry, slipped to 15...
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The way we did business a few months ago may never return – so the opportunity is to make changes that will both aid recovery and set us up well for our new futures