Flight Risk: How the Iran War is Grounding Ryanair's Profits The ongoing US Iran conflict has a ripple effect on airlines worldwide.
For budget carrier Ryanair, the war has turned into a headwind that threatens to blow away steady profits. Ryanair reported a modest increase in passenger numbers in August compared to the same period last year.
However, beneath this surface lies a more troubling trend: the airline cancelled over 350 flights due to air traffic control issues caused by the US Iran war.