Ryanair’s profit has dropped 20% and more trouble is coming – CNNMoney
Michael O’Leary in 60 seconds Ryanair has a labor problem, and it’s about to get worse. The low-cost carrier said Monday that higher fuel costs, rising wages and strikes by pilots and regional air traffic controllers had caused its first quarter profit to drop 20% over the previous year. Ryanair (RYAAY) has been giving pilots…