FIRST AIRED: June 17, 2019

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COMING UP:Share Opener Variant 1

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live transitions plunged as much as eleven percent on Monday morning lights the previous evening it warned profits wouldn't meet targets it now says they could be over a billion dollars short of expectations the airline blames over capacity in its German and Austrian home markets competition from low cost rivals and high fuel prices also among the factors it said there was little sign of any upturn for the rest of the year the warning is just the latest bad news for European airlines this year has seen a string of collapses and profit warnings budget carrier Ryanair lost month reported its weakest annual profit in four years boss Michael o'leary said earnings could fall further amid a war of attrition over fans move tenses warning weighed on pole and line stocks Monday Ryanair easyjet and British Airways owner IAG Ole sinking