{"id":2749,"date":"2018-10-01T07:13:40","date_gmt":"2018-10-01T07:13:40","guid":{"rendered":"http:\/\/www.styledeals.co.uk\/blog\/ryanair-warns-on-profits-as-strikes-hit-income\/"},"modified":"2018-10-01T07:13:40","modified_gmt":"2018-10-01T07:13:40","slug":"ryanair-warns-on-profits-as-strikes-hit-income","status":"publish","type":"post","link":"https:\/\/www.styledeals.co.uk\/blog\/ryanair-warns-on-profits-as-strikes-hit-income\/","title":{"rendered":"Ryanair warns on profits as strikes hit income"},"content":{"rendered":"\n<div property=\"articleBody\">\n<figure class=\"media-landscape no-caption full-width lead\"><span class=\"image-and-copyright-container\"><\/p>\n<p>                <img loading=\"lazy\" decoding=\"async\" class=\"js-image-replace\" alt=\"Ryanair strikers in Belgium\" src=\"https:\/\/ichef.bbci.co.uk\/news\/320\/cpsprodpb\/3BD9\/production\/_103612351_mediaitem103612350.jpg\" width=\"768\" height=\"432\"\/><span class=\"off-screen\">Image copyright<\/span><br \/>\n                 <span class=\"story-image-copyright\">Reuters<\/span><\/p>\n<p>            <\/span><\/p>\n<\/figure>\n<p class=\"story-body__introduction\">Ryanair has warned investors its full-year profits will be lower than expected, partly due to the recent wave of industrial action. <\/p>\n<p>The airline said its profits would be 12% lower than the \u20ac1.25-1.35bn (\u00a31.2-1.11bn) previously forecast, and it now expects profits of between \u20ac1.1-1.2bn.<\/p>\n<p>Ryanair said this was due to higher oil prices, higher costs associated with EU flight compensation rules, and weaker fares due to the recent strikes.<\/p>\n<p>It warned it may lower forecasts again. <\/p>\n<p>Last month, cabin crew and pilots in Germany, Holland, Belgium, Spain and Portugal took industrial action which led to a number of flight cancellations.<\/p>\n<p>Ryanair said fares for the third quarter of the year were lower as forward bookings, particularly for the October school mid-terms and Christmas, were being affected by fear of further strikes.<\/p>\n<p>The carrier said it had not hedged its fuel bill against prices rises, and this meant it would be paying 10% more for its fuel thanks to the recent rise in the global price. <\/p>\n<\/p><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.bbc.co.uk\/news\/business-45704269\">Source<\/a> by <a href=\"\">[author_name]<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Image copyright Reuters Ryanair has warned investors its full-year profits will be lower than expected, partly due to the recent wave of industrial action. The airline said its profits would be 12% lower than the \u20ac1.25-1.35bn (\u00a31.2-1.11bn) previously forecast, and it now expects profits of between \u20ac1.1-1.2bn. Ryanair said this was due to higher oil &hellip; <\/p>\n","protected":false},"author":0,"featured_media":2750,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2749","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general"],"_links":{"self":[{"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/posts\/2749","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/comments?post=2749"}],"version-history":[{"count":0,"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/posts\/2749\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/media\/2750"}],"wp:attachment":[{"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/media?parent=2749"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/categories?post=2749"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/tags?post=2749"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}