Ryanair in Hot Water AGAIN
Budget carrier Ryanair has got itself into another fine mess this week and we’re not just talking plummeting shares. The fiery Italians have turned their attentions on the airline in recent days after the no-frills carrier posted an ad on its website with a photograph of Umberto Bossi of the Northern League and a member of the cabinet “giving the finger”. Bossi famously made the rude salute after hearing the Italian national anthem being played at a rally of the separatist League.
The advert copy reads: “The government supports Alitalia’s high fares, supports Alitalia’s frequent strikes [and] doesn’t give a damn about Italian passengers.”Â
Italian ministers have already launched an inquiry into the advertisement.
It’s not looking good for Ryanair on the stock exchange either, as shares in the airline tumbled 15% to €2.74 yesterday. Ryanair has already reported an 85% fall in first-quarter net profit and warned that it could fall into the red for the full year.
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