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International

Strikes likely to cost Ryanair $138 million

October 02, 2018 Reprints

Ireland-based Ryanair Holdings P.L.C. said that recent strikes across Europe are likely to cost the airline €120 million ($138 million), The Irish Times reported. Ryanair said that the cost includes compensation and re-accommodation expenses for passengers under the European Union's passenger rights directive. The airline was forced to cancel 190 flights on Sept. 28 due to strikes by cabin crew across Germany, the Netherlands, Belgium, Spain and Portugal.

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Strikes likely to cost Ryanair $138 million

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