Ryanair raises summer fare outlook as ‘ugly scenario’ avoided | Reuters News Agency

Ryanair raises summer fare outlook as ‘ugly scenario’ avoided | Reuters News Agency


Trade & Finance

Reuters was once first to report that Ryanair CEO Micheal O’leary now not sees a chance of double-digit proportion falls in fares because the Ecu short-haul sickness had “levelled out”.

Marketplace Affect

The scoop brought about Ryanair stocks to stand through up to 6% – they have been the second-best performer at the pan-Ecu STOXX 600 and gave a spice up to opponents Wizz Breeze and easyJet. Terminating week, O’leary’s blackmail about weakening price tag costs all through the busy summer time months had knocked 15% off the price range provider’s proportion worth.

Article Tags

Subjects of Passion: Trade & Finance

Kind: Reuters Highest

Sectors: Trade & Finance

Areas: Europe

International locations: Eire

Win Sorts: Pace

Tale Sorts: Unique / Scoop

Media Sorts: Textual content

Buyer Affect: Vital Nationwide Tale

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