Another Strike Hits Ryanair Hard – Easyjet Profits
While the strike wave in the Irish low-cost airline provides flight cancellations and losses, the competition from Great Britain can benefit significantly.
Frankfurt, Dublin, London The renewed strike of the flight attendants and pilots hits the budget airline Ryanair more than announced. According to a flight plan analysis of the portal “Airliners.de“, the Irish airline has canceled 133 connections to and from Germany until Friday morning. That would be just under 40 percent of the usual offer.
Ryanair had announced on Thursday that had to be canceled because of the strike of the German crews less than 100 flights. The unions Verdi and VC had rated this announcement as too low.
According to the evaluation, especially many take-offs (26) were canceled in Berlin-Schönefeld, in Frankfurt 10, in Weeze 9 and in Hamburg 8. No flight cancellations were registered for Memmingen, Munich, Nuremberg, Stuttgart and Baden-Baden. There are also unusual flights from abroad with German destinations, as is also being striked in other European countries. The numbers could still increase during the day.
The British low-cost airline Easyjet, however, sees itself as profiteer of the strike wave at Ryanair. The company announced on Friday that in its fiscal year ended September 30, pre-tax profits increased by at least 40 percent to £ 570-580 million (€ 641-652 million). The profit was therefore in the upper range of the range issued in July. At that time Easyjet predicted 550-590 million pounds.