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    RYA   IE00BYTBXV33

RYANAIR HOLDINGS PLC

(RYA)
  Report
Real-time Irish Stock Exchange  -  11:30 2022-10-03 am EDT
10.48 EUR    0.00%
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Ryanair expects zero disruption from Spanish cabin crew strikes

08/09/2022 | 09:14am EDT
FILE PHOTO: Ryanair cabin crew strike in Malaga

DUBLIN (Reuters) - Ryanair said on Tuesday it expects to incur no disruptions to its daily flight schedule in August or September from planned weekly strikes by some of its Spanish cabin crew.

Members of the USO and SITCPLA unions said last month they would strike from Monday to Thursday every week from Aug. 8 to Jan. 7 to press demands for higher pay and better working conditions.

The Irish airline, Europe's largest carrier by passenger numbers, says the vast majority of its Spanish cabin crew are represented by another union, CCOO, with which it has already reached a pay agreement.

"Ryanair expects that these latest threatened strikes, which involve only a handful of our Spanish cabin crew, will have zero impact on our Spanish flights or schedules in August or September," a spokesperson said in a statement.

USO and SITCPLA members walked out for several days at many Spanish airports in July. Ryanair said on Tuesday that the small number of cancelled flights in Spain last month was mostly due to air traffic controller strikes and flight delays.

The low-cost carrier, which flew its highest-ever number of monthly passengers in July, accounted for 22.3% of those travelling via Spanish airports during the first half of this year, data from airport operator Aena showed.

(Reporting by Padraic Halpin; Editing by David Holmes)


© Reuters 2022
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Analyst Recommendations on RYANAIR HOLDINGS PLC
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Financials
Sales 2023 10 092 M 9 896 M 9 896 M
Net income 2023 1 257 M 1 233 M 1 233 M
Net Debt 2023 753 M 739 M 739 M
P/E ratio 2023 9,56x
Yield 2023 -
Capitalization 11 901 M 11 708 M 11 670 M
EV / Sales 2023 1,25x
EV / Sales 2024 1,01x
Nbr of Employees 19 000
Free-Float 96,0%
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Mean consensus BUY
Number of Analysts 17
Last Close Price 10,48 €
Average target price 17,58 €
Spread / Average Target 67,8%
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Managers and Directors
Michael O’Leary Chief Executive Officer & Executive Director
Neil Sorahan Treasurer
Stan McCarthy Non-Executive Chairman
John Hurley Chief Technology Officer
Julie O'Neill Independent Non-Executive Director
Sector and Competitors