Ryanair passengers could be in for more turbulence after the airline warned of upcoming disruptions. CEO Michael O'Leary averted strikes last year by recognizing unions´ for the first time - but it seems the talks aren't going as smoothly as hoped.
Ryanair said its first-quarter profit dropped more than a fifth due to higher fuel costs and salaries for pilots. The budget carrier is under growing pressure to improve pay and conditions for its staff.
The budget airline has shrugged off the grounding of 20,000 flights last winter — and has carried nearly 12 million more passengers. Looking ahead, the Irish carrier predicts headwinds from a doubling of oil prices.
Ryanair has officially signed a deal to recognize a British pilots' union, the first recognition of a union in the history of the carrier. But it remains unclear whether more deals with other unions will follow.
As bankrupt Air Berlin stares at an uncertain future facing the prospect of being broken up, low-cost airline Ryanair says it doesn't have any intention of making an offer to buy the beleaguered carrier.
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