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18 December 2017 Ryanair shares plunge New reports state that Ryanair shares fell 8.9pc after the company said it would talk to pilot unions for the first time in a move aimed at averting a pre-Christmas strike.
However, the strike planned by Ryanair pilots days before Christmas may still go ahead, despite the airline's dramatic decision to recognise unions for the first time and personal reassurance from chief executive Michael O'Leary that the offer of recognition is genuine.
Later, the unexpected insolvency of Air Berlin, for which Darwin provided ACMI services, led to what the Swiss airline characterized as significant negative effects such as bad debt, loss of existing business and future business opportunities.
Darwins insolvency marks another casualty of Etihad Airways withdrawal from loss-making equity stakes in European airlines.
* * PLEASE NOTE * *Cover excludes any airline where there is a threat of, or has filed or applied for any form of insolvency or insolvency protection at the time of effecting cover or issuance of the air ticket.* * IMPORTANT * * We no longer list Airlines currently excluded from cover here on this website.
Insurers, Travel Agents, Tour Operators, Policy Holders or their representing broker / intermediary will be notified in writing or by email which will serve as notice that cover is no longer provided in respect of a particular airline going forward. 3 January 2018 Fly Viking to cease operations News reports state that Fly Viking will cease operations from the 12th January.
But analysts had already expected profits to come in at 278m for the fiscal year, above previous guidance of a 250m to 270m range.