Ryanair scraps flights on latest strike while restating outlook

Ryanair flights from Germany to Athens, the Spanish coasts and Latvia were among 150 canceled Wednesday as pilots and cabin crew walked out as part of a year-long campaign for higher pay and improved contracts. The airline has been forced to scrap more than a third of its 400-plus daily flights in Germany after unions there called a strike late Monday. Among the majority of departures due to operate as normal were trips from Frankfurt to London Stansted, Ryanair’s biggest base, and Majorca. CE Michael O’Leary that he won’t “roll over” in the face of unreasonable demands, while pledging to work to avoid walkouts wherever possible. While public concern about the strikes is hurting demand and fares, the CE reiterated guidance for full-year net income between E1.25b and E1.35b. <br/>