Ryanair sees profits dive after challenging summer
Monday, 4 November 2024 Ryanair - Europe's largest budget airline - has reported a significant profit decline and scaled back its growth expectations amid challenges from Boeing aircraft delivery delays, lowered fares, and consumer spending pressures.
Ryanair boss Michael O’Leary claimed Rachel Reeves, who he branded "Rachel Rubbish", “hasn’t a clue” about how to generate growth in aviation. Report by Faragt. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
!['Rachel Rubbish hasn't a clue' says airline boss [Video]](https://video.newsserve.net/300/v/20250129/1400216126-Rachel-Rubbish-hasn-clue-says-airline.jpg)
![South Korea to inspect all 737-800 Boeing aircraft following plane crash [Video]](https://video.newsserve.net/300/v/20241231/1397489874-South-Korea-to-inspect-all-737-800-Boeing.jpg)
