Ryanair profit slumps 34% as airlines brace for a 'difficult winter' amid Middle East crisis

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Source: CNBC
Published: 2026-07-20 16:20 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Middle East, Europe, Military & Defence, Iran, Financial Markets, Tax & Budget, War & Conflict
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Snippet:
Ryanair warned on Monday that struggling European airlines are facing a "difficult winter" ahead, as the budget carrier reported first-quarter profit that took a 34% hit due to consumers delaying bookings amid the Middle East crisis
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