Ryanair warns over profits as strikes and oil price take toll - My News TV

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Monday, October 1, 2018

Ryanair warns over profits as strikes and oil price take toll

Airline to close bases in Eindhoven and Bremen, but says most routes will continue

Ryanair has warned that full-year profits will be lower than expected, blaming the impact of strikes and rising oil prices.

The budget airline said full-year profits will be 12% down. It has lowered the range €1.25bn-1.35bn (£1.1bn-1.2bn) to €1.1-1.2bn.

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from World news | The Guardian https://ift.tt/2NUb1ET

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