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Posted by MaxMarioni on 8 October 2017, 9:23 PM

Ryanair HR Crisis Hits Stock Price

Low-cost airline carrier Ryanair Holdings Plc (RYA:LN) has been hit hard by a crisis involving personnel scheduling, which has left several hundred flights grounded since September, and thousands of passengers stranded. Ryanair has been cancelling 40 to 50 flights a day during a six-week period, effectively ordering pilots to go on leave in order to address legal requirements for staff holidays. The carrier has fallen foul of Irish authorities because it has neglected ensuring that its pilots take all the vacation time they are eligible for, as required by law. In this way the carrier has accumulated a huge backlog of vacation hours, which the regulator has demanded needs to be eliminated by the end of the year. (Read more)

Posted by MaxMarioni on 8 October 2017, 9:22 PM

Ryanair HR Crisis Hits Stock Price

Low-cost airline carrier Ryanair Holdings Plc (RYA:LN) has been hit hard by a crisis involving personnel scheduling, which has left several hundred flights grounded since September, and thousands of passengers stranded. Ryanair has been cancelling 40 to 50 flights a day during a six-week period, effectively ordering pilots to go on leave in order to address legal requirements for staff holidays. The carrier has fallen foul of Irish authorities because it has neglected ensuring that its pilots take all the vacation time they are eligible for, as required by law. In this way the carrier has accumulated a huge backlog of vacation hours, which the regulator has demanded needs to be eliminated by the end of the year. (Read more)

Posted by MaxMarioni on 8 October 2017, 9:21 PM

Ryanair HR Crisis Hits Stock Price

Low-cost airline carrier Ryanair Holdings Plc (RYA:LN) has been hit hard by a crisis involving personnel scheduling, which has left several hundred flights grounded since September, and thousands of passengers stranded. Ryanair has been cancelling 40 to 50 flights a day during a six-week period, effectively ordering pilots to go on leave in order to address legal requirements for staff holidays. The carrier has fallen foul of Irish authorities because it has neglected ensuring that its pilots take all the vacation time they are eligible for, as required by law. In this way the carrier has accumulated a huge backlog of vacation hours, which the regulator has demanded needs to be eliminated by the end of the year. (Read more)

Posted by MaxMarioni on 20 November 2016, 7:14 PM

Rolls-Royce runs aground

Roll-Royce holdings has run into trouble following the admission of disappointing results and reports that its previous profits were partly the result of using non-standard accounting standards. The engineering giant left almost 6% on the ground on Friday, and analysts' weekly estimates show a collapse in the stock compared to the FTSE 100 index in the same period. Furthermore, analysts expect the negative trend to continue and for Rolls-Royce Holdings to close to a new low of £676,1 compared to the high of £757,5. (Read more)

Other Insights on Related Shares: RR..L

The owner of British Airways, International Airlines Group (IAG), is the giant of European skies, born from the merger of Iberia and British Airways: its portfolio includes Aer Llingus and Vueling as well. This aviation behemoth has announced it is suffering from the sterling depreciation induced by the Brexit vote, and has launched a new profit warning. The group reports its earnings in Euro but the majority of its revenue is generated through British Airways, and hence its income is mainly in sterling. The London-based company forecasts that it will end the fiscal year with an anticipated operating profit of about 2.5 billion Euros ($2.7 billion), an increase of about 7% from the 2.34 % reported last year. (Read more)

Other Insights on Related Shares: IAG.L