Presented by Newstalk's Business Editor Joe Lynam, this 30-minute programme focuses on the key business stories from home and abroad, market analysis, new business innovations and profile interviews. Listen and subscribe to Breakfast Business with Joe Lynam on Apple Podcasts and Spotify. Download, listen and subscribe on the Newstalk App. You can also listen to Newstalk live on newstalk.com or on Alexa, by and asking: 'Alexa, play Newstalk'
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Breakfast Business with Joe Lynam
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Breakfast Business with Joe Lynam
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Breakfast Business with Joe Lynam
4 days ago - 8 mins
Breakfast Business with Joe Lynam
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Breakfast Business with Joe Lynam
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Breakfast Business with Joe Lynam
Last Friday, Ryanair and other major airlines faced disruptions due to an IT meltdown caused by Crowdstrike. The incident occurred during the busy summer season, highlighting the aviation industry's vulnerability. Ryanair's latest quarterly results showed a 46% drop in profits, despite a 10% increase in passenger traffic. The airline also reported significant declines in European air traffic control capacity, causing numerous delays and cancellations. Joe was joined by Neil Sorahan, CFO of Ryanair, to discuss the challenges ahead.