Ryanair calls on the EU to “act urgently” against French air controllers

Raised by an increase in trafficking and a prices, Ryanair has more than doubled its net profit in the first quarter of its offbeat financial year, reaching 820 million euros. Consequently, The Irish low-cost company. Furthermore. However, which anticipates a strong summer demand, remains cautious in the face of geopolitical risks, strikes and delays in Boeing deliveries.

Irish airline Ryanair announced a net profit of 820 million euros on Monday in the first quarter of its offbeat. Moreover, financial year. more than doubled compared to the previous year, boosted by prices for rising tickets.

The carrier. which had to lower its prices the previous year to fill out its planes. explains in a press release that its result for the three ryanair calls eu “act urgently” new months completed at the end of June is increased by “an increase in traffic by 4% to 58 million passengers and prices up 21%”.

The prices of the first quarter “have largely benefited” from a favorable Easter vacation calendar. but also “last minute price slightly higher than expected” detailed the director general of the company Michael O’Leary. quoted in the press release.

The company, which saw its operating revenues increase by 20% to 4.3 billion euros over the period, is now expecting strong travel demand during the summer. But it warns that the increases in tariffs in the second quarter will be lower than those of the. ryanair calls eu “act urgently” first. ryanair calls eu “act urgently” new For all of its annual financial year. the first company in Europe in number of passengers estimates that it is on the right track to grow from 3% to 206 million people transported. but says it is slowed down by “significant delays in Boeing deliveries”.

“Ryanair cautiously anticipates a recovery of almost all of the 7% drop in prices which has grown its last annual result. reasonable growth in net profit this year” adds Michael O’Leary.

Ryanair calls eu &quot. act urgently" new – Ryanair calls eu "act urgently" new

Ryanair calls eu "act urgently" – Ryanair calls eu "act urgently"

Strikes, conflicts, uncertainties … The clouds persist

The manager warns. however. that this will depend on linked risks “to commercial wars, macroeconomic shocks, climbing conflicts in the Middle East and Ukraine, strikes from European air controllers”.

Ryanair had to cancel 500 flights in early July due to a strike of French air controllers. The Irish “low cost” has ryanair calls eu “act urgently” new repeatedly called the European Commission to “act urgently”.

“It is ryanair calls eu “act urgently” simply unacceptable that the commission continues to remain its arms crossed. leaving the single market to be closed by a small number of French air controllers. ” said Michael O’Leary on Monday in a presentation broadcast on the Internet.

British airline Easyjet. a competitor of Ryanair. had already warned last week that “unexpected and significant costs” were going to weigh on its summer result because of this strike, encrypting the impact at 15 million pounds (17 million euros).