Ryanair Holdings Plc, Europe’s biggest discount airline, predicted earnings will fall this year as a slowing European economy prevents it from increasing fares sufficiently to make up for surging jet-fuel costs.
Etihad Airways, the Middle East’s third-largest carrier, took a stake in Ireland’s Aer Lingus Group Plc as it extends a strategy of investing in European operators to help feed passengers via its hub in Abu Dhabi.
Ireland’s decision to vote over the European fiscal compact may offer Prime Minister Enda Kenny leverage to seek additional concessions on its bailout program, according to Bloxham Stockbrokers and Glas Securities.
Labros Chatzis, a plastic surgeon from Athens, settled in Dublin 11 years ago because he found the Irish similar to the Greeks. Now it’s their differences that are keeping him there as his homeland sinks deeper into crisis.