Ryanair Holdings plc (RYAAY)
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- PA Media: Money
Ryanair boss Michael O’Leary describes UK tax plans as ‘nuts’
The airline chief said the move could potentially bankrupt the UK economy in the coming years.
- Reuters
Ryanair says no hit to UK bookings yet in wake of sterling fall
DUBLIN (Reuters) -Ryanair has not seen any impact on bookings in the United Kingdom in the wake of the recent fall in the value of the pound and increase in domestic mortgage rates, but the market is likely to be challenging, a senior executive said. "We're not currently seeing an impact, but it would be foolish not to say that if interest rates are heading up and household bills are heading up, you're going to have less money spent," said Eddie Wilson, chief executive at Ryanair DAC, the largest airline in the Ryanair Group, in an interview. "The UK is going to be challenging but we have more options and we are better planned than our competitors," said Wilson, whose airline is one of the largest operators in the United Kingdom by passenger numbers.
- Reuters
Factbox-Europe's travel disruption stretches into autumn
After sweeping job and pay cuts when COVID-19 brought travel to a grinding halt, staff across the industry from pilots to baggage handlers are asking for big pay increases and better working conditions. ** European flights faced widespread disruption on Sept. 16 as a French air traffic controllers' strike forced airlines to cancel half of those scheduled to arrive or depart Paris airports and others due to have flown over France. Ryanair said the travel plans of 80,000 passengers had been affected when it had cancelled 420 flights, mainly intended to fly over France.
