Pilot relations in spotlight ahead of Ryanair results
Ryanair’s razor-sharp focus on costs over the past 30 years has helped make the airline one of Europe’s most profitable carriers. But recent high-profile staffing problems risk undermining the airline’s lean business model, pointing to a longer-term impact on labour costs. Some analysts have already started downgrading their profit expectations for the company over the next few years, ahead of Ryanair’s first-half results Tuesday. “As it stands today, there is still quite a lot of belief among investors that they will get through it and they [Ryanair] will be looking to secure that view. Whether they can, and whether they have to take a profit warning along the way, will be interesting,” said Andrew Lobbenberg, analyst at HSBC. The spotlight is on its pilot relations now and pilots suddenly see it as their moment,” said aviation consultant John Strickland. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2017-10-30/unaligned/pilot-relations-in-spotlight-ahead-of-ryanair-results
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Pilot relations in spotlight ahead of Ryanair results
Ryanair’s razor-sharp focus on costs over the past 30 years has helped make the airline one of Europe’s most profitable carriers. But recent high-profile staffing problems risk undermining the airline’s lean business model, pointing to a longer-term impact on labour costs. Some analysts have already started downgrading their profit expectations for the company over the next few years, ahead of Ryanair’s first-half results Tuesday. “As it stands today, there is still quite a lot of belief among investors that they will get through it and they [Ryanair] will be looking to secure that view. Whether they can, and whether they have to take a profit warning along the way, will be interesting,” said Andrew Lobbenberg, analyst at HSBC. The spotlight is on its pilot relations now and pilots suddenly see it as their moment,” said aviation consultant John Strickland. <br/>
