Ryanair profits fall by a fifth as it warns of more strikes (theguardian.com)

July 24, 2018

Airline grows rapidly in first quarter, with 7% rise in passenger numbers

Ryanair has warned staff planning a summer of strikes that efforts to secure improved pay and working conditions could put their jobs at risk, as it reported a 20% decline in first-quarter profit.

The no-frills airline continues to grow rapidly, reporting a 7% increase in passenger numbers to 37.6 million that pushed revenue up 9% to nearly €2.1bn (£1.86bn).

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