Breaking News

Ryanair rota fiasco and cancellation crisis fail to dent profit drive

Airline still on course to meet record profits despite disrupted schedule and rising wage bill as O’Leary predicts other rivals to close like Monarch

Ryanair is on course for record annual profits despite a rota fiasco that led to pilot shortages and the cancellation of thousands of flights.

The Dublin-based airline said it had responded swiftly to the crisis which is expected to cost up to €50m (£44m) and add about €100m to its annual wage bill after the rostering failure forced it to address a dispute with pilots over pay and working conditions.

Continue reading...

from The Guardian http://ift.tt/2yia1CB

No comments