Financial Struggles of Ryanair and Largest IT Outage in History

The chapter delves into Ryanair's 1% revenue decline and 46% profit drop in the second quarter, coupled with the stock's 14% morning decline and 24% dip over the past year. It also highlights the significant IT outage triggered by a flawed CrowdStrike update, impacting numerous Windows computers and potentially incurring billion-dollar damages and legal actions.