Ryanair : A credible schedule for union talks, helping to ease pricing pressure as from the summer season
>2018-19 guidance adjusted downwards by 12% - Ryanair yesterday issued a profit warning on its results to end-March 2019 and has cut its net profit guidance pre-integration of Laudamotion by 12% to € 1.1-1.2bn. This adjustment factors in i/ a 1m reduction in passenger traffic (a 100bp decrease in capacity for the winter season), ii/ pricing pressure resulting from announced strikes, with yields expected to fall by 3% in Q2 (vs a previous guidance target of +1%) and by...Ryanair Holdings is a holding company. Through its subsidiaries, Co. operates an ultra-low cost, scheduled-passenger airline serving short-haul, point-to-point routes between Ireland, the U.K., Continental Europe, and Morocco. Co. offers over 2,000 scheduled short-haul flights per day serving approximately 210 airports throughout Europe, and flying approximately 1,600 routes. In addition, Co. provides various ancillary services and engages in other activities connected with its core air passenger service, including non-flight scheduled services, Internet-related services, and the in-flight sale of beverages, food, and merchandise.
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