Chief Executive of Ryanair, Michael O’leary, said that airlines may have to reconsider their new policy, if a large number of passengers continue to take their bags to the gate.
Ryanair have introduced more stringent bag policy salon, which means that customers have to pay £ 5 for priority boarding to avoid their main hand Luggage in the hold to land. This has improved the fit and punctuality, the airline said, but O’leary added, “this creates problems with the handling, especially at peak times” such as holidays and summer.
“There are a lot of flights where we are now to put 100 or 120 gate bags free of charge in the hold,” O’leary said in the video presentation. “If it continues to build, we may have to look again.”
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The net profit of airline Ryanair rose by 10% to €1.45 billion (£1.27 billion) in the year to the end of March, despite the fiasco company, which led to a shortage of pilots and 10,000 cancellations. This forced the budget carrier to recognize unions and raise wages.
However, O’leary warned of a drop in profits this year, saying the forecast was “on the pessimistic side careful.” He said that there can be shocks in some countries, for discussion by Ryanair to recognize the unions, but the airline initiated any action.
The company warned that profit will fall to €1.25 billion to €1.35 billion in the current year, reducing to 14%, due to rising oil prices and almost € 200 million of additional personnel costs.
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O’leary said that the airline fares may be flat over the next year, as it takes about 12 months for changing fuel prices to feed to the tariffs. He added that he believed that the airlines don’t hedge on oil prices, for example, Norway would fight next winter and that this would “speed shocks” in the industry, with some carriers going bust.
Ryanair to avoid common Christmas strikes unilaterally, recognition of trade unions in December for the first time in its 32-year history, but she struggled in trying to formalize the relationship in some countries. “Being in the Union means we will have random strikes,” said O’leary.
Ryanair repeated its warning about the dangers of hard British exit from the EU, and said it scrap the voting rights in the EU, shareholders if not a transitional agreement.