The clash with the pilots and the cancellations of many flights did not weigh on Ryanair's accounts. Indeed, the last quarter of 2017 of the low cost airline highlighted a double-digit profit growth, by +12% to 106 million euros. In short, despite the difficult period, passengers increased by 6% (to 30,4 million) and turnover rose to 1,4 billion euros (+4%).
However, the Irish company has also announced that it expects some new "disruptions" of flights locally and a negative impact of pilot rostering during the negotiations to recognize the union representatives in some countries where the carrier operates. However, this prospect, assured the CEO Michael O'Leary, "will not change our leadership on prices in Europe or our growth plans to 2024".
Ryanair has finally announced a share buyback plan of 750 million euro. Despite this, according to Bloomberg reports, the stock lost 3,2% in Dublin in the morning.
