Published Jan 29, 2024 07:17AM ET
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Investing.com — Ryanair (IR: ) has narrowed its full-year profit guidance and posted lower-than-anticipated net income in its December quarter, as the budget carrier felt the near-term impact of an ongoing battle with online travel agents.
A number of these firms, which offer customers the chance to purchase Ryanair offerings through third-party websites, stopped selling the budget carrier’s flights in early December. Ryanair had long been fighting this activity in court, arguing that these companies, including websites like Booking.com and eDreams, are
Ryanair narrows full-year guidance following travel agent sales stoppage
