Low-cost carrier Ryanair lowered its full-year adjusted profit forecast on Monday, citing lower traffic and forward bookings due to a series of strikes by its crews, Reuters reports.
The company said it now expects profit for the year, excluding start up losses in Laudamotion, to range between 1.10-1.20 billion euros (£2 billion), compared with its prior forecast of 1.25-1.35 billion euros.