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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Tags: industrial action, profits, Ryanair, strikes, ultra-low-cost carrier