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via uk.finance.yahoo.comBusiness & Companies

Ryanair considers pay freeze after the Budget and a profit decline

FROM THE WIRE · UK.FINANCE.YAHOO.COM

Michael O'Leary warned the airline industry was 'facing a real crisis by next March or April' - AFP/Tolga Akmen The boss of Ryanair is preparing to freeze workers' pay after criticising John Healey for failing to back business in last week's Budget. Michael O'Leary said a €2bn…

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishHigher fuel costs and new travel taxes weigh on the airline's margins, with possible pressure on the stock.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01CEO Michael O'Leary is considering a pay freeze for some UK staff.
  2. 02The jump in fuel costs is worth about 2 billion euros.
  3. 03Profits fell 15 percent between April and September.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Ryanair Holdings plcRYA.IRStock24.25 EUR+2.11%today +5.90%Negative Ryanair Holdings plcRY4C.DUStock23.52 EURMarket closedtoday +3.34%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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