Ryanair prepares for new battle with pilots as profits rise

By Conor HumphriesDUBLIN (Reuters) - Ryanair warned its pilots it would face down "laughable demands" for conditions similar to high-cost rivals even if that meant strikes at Easter, overshadowing an increase in profit for Europe's largest budget airline.

The Irish airline also warned that its competitors were being overly optimistic in expectations of fare rises on European short-haul routes over the coming summer and urged analysts to maintain "extreme caution."Profits rose by 12 percent in the three months to the end of December on an annual.....

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