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Home International Customs

Revenue up but no 2016 profit for firm providing Ryanair crew

byCT Report
09/06/2017
in International Customs
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DUBLIN: A increase in employee numbers contributed to a €33,000 loss last year at Crewlink Ireland, a company that provides cabin staff for Ryanair, the latest figures show. Accounts for the company, which says on its website that it has more than 5,000 crew members registered with Ryanair, show that its revenue last year grew almost 20 per cent to €83.3 million from €70 million in 2015.

Operating profits in 2016 fell to €30,000 from €82,706 and the company ended the year with a €33,450 deficit compared with a gain of €10,000 in 2015. The figures show that costs rose sharply in 2016, growing to €79.8 million from €68 million. According to the accounts, the company increased its employee numbers last year by 20 per cent to 3,616, which contributed to Crewlink’s extra expenses. Its wage bill rose to €79.5 million from €67.5 million. Supplementary figures filed with the accounts show that staff training costs grew to €2.7 million from €1.6 million.

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