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Ryanair pays a price for flight cancellations as shares fall

Ryanair blamed a number of factors for the sudden cancellations including a backlog of staff leave

Reuters  |  Dublin 

Ryanair shares fell on Monday after the Irish budget airline disrupted the plans of hundreds of thousands of travellers by cancelling flights to cope with pilot shortages and improve its punctuality record. Ryanair blamed a number of factors for the sudden cancellations including a backlog of staff leave, which must be taken by the end of the year. Europe's largest airline by passenger numbers also said air traffic control strikes and weather disruption were affecting its performance. Rival Norwegian Air said on Monday that it had recruited more than 140 pilots from Ryanair ...

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First Published: Mon, September 18 2017. 17:22 IST
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