Ghana news briefing
Ryanair profits drop as Iran war puts off passengers and lifts fuel costs
By GhanaSummary Newsroom1 min read
The airline warned that its results for the year will be "highly sensitive" to external factors such as conflict escalation in the Middle East and Ukraine as well as the price of unhedged jet fuel.
Ryanair's profits have fallen sharply as war in the Middle East sent jet fuel prices soaring and customers reluctant to book flights."The renewed escalation in hostilities in the Middle East is unhelpful and without a lasting resolution, challenging times for the airline and travel space look set to continue."
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