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Low-cost airline Ryanair writes loss

Low ticket prices, into the Irish airline Ryanair in the third quarter of a loss. In addition, higher employee burden costs and compensation payments to the com

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Low-cost airline Ryanair writes loss

Low ticket prices, into the Irish airline Ryanair in the third quarter of a loss. In addition, higher employee burden costs and compensation payments to the company.

Ryanair warned on Monday morning that the airline in the case of a further fall in prices, even the recently reduced full-year targets achieved. This is particularly true in the case of Unger UK's exit from the EU apply.

After the profit warning prior to the profit warning?

Ryanair also assume that there would be no further failures of European airlines, and therefore, 2019 is still excess capacity on the short haul.

More price cut information about Ryanair

Only in mid-January, the Irish low-cost airline, the full-year forecast for the second Time. Due to the price pressure in the industry, the profit is likely to be 1 to 1.1 billion euros, as it was then.

Cheap Tickets Ryanair to be expensive

a Little courage, the Figures for the third quarter of the current fiscal year. In the three months to the end of December, Europe's largest, has achieved low-cost airlines due to lower ticket prices, a loss of 20 million euros. In the prior-year period, the company had reported a profit of just EUR 106 million.

in addition to falling ticket prices, higher labor burden costs and fuel prices, as well as compensation payments due to the EU air passenger rights the profit. A higher volume of passengers, as well as cost reductions could not compensate for this Minus.

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source: boerse.ard.de
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