Ryanair Likely To Give Conservative Outlook
the next 12 months traffic growth will be strong but our yields and profit growth
forecasts will be very conservative,” he said at the launch of new Italian routes.
He said Ryanair would describe the outlook as “challenging” but also said there
should be some good news on costs. “There’s also good news on the costs front.
Oil prices are slightly lower, the dollar is significantly weaker.” Jet fuel
accounts for a large chunk of costs for airlines while Ryanair’s fleet is made
up entirely of Boeing aircraft which are priced in dollars. (AirWise News)