Originally Posted by
Jamie2k9
EU261 doesn't apply to strike action.
FR are handling strike cancellations well given the situation which you don't see often during other strikes. Rerouting options is where potential issues could arise.
I think you'll find that the CAA does not agree with you, as regards EU261 not applying. The view is that the industrial action and consequent flight cancellations, are within Ryanair's control, and that EU 261 is therefore applicable .
Regardless of the compensation issue, the bad publicity surrounding Ryanair must be having a devastating affect on forward bookings, causing serious cash flow issues.