The three-day strike has caused some 3,800 flight cancellations and could cost the company as much as 80 million euros.
Airlines are going out of business but the current consolidation in European aviation is "long overdue" say experts. More change is coming but overall, things look good for consumers as competition stays fierce.
Germany's flagship carrier has reportedly addressed EU competition concerns over its planned takeover of insolvent rival Air Berlin, offering to give up a substantial number of airport starting and landing slots.
It has been a difficult few months for Ryanair. First the airline had to cancel thousands of flights and now it is facing the threat of strikes after some of its pilots across Europe voted to take action.
Germany's Lufthansa Group looks set to expand, even as some rival airlines cut back or fall into bankruptcy. It has set its sights on becoming a leading global player. But air travel markets remain fiercely competitive.
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