Ryanair expects fares and yields will continue to fall in the reminder of its fiscal year due to a combination of increased competition and softer economic conditions across Europe, and has revised its full-year net profit guidance down to between €500 million ($675 million) and €520 million. Europe’s largest low-cost carrier expects fares to drop 9% in the third quarter and by 10% in the fourth quarter ending March 31, 2014. Average fares, including checked baggage fees, fell 2% ...


"Increased Competition, Weakened Demand To Hurt Ryanair’s Bottom Line" is Premium Content. Subscribing will provide full access to this article as well as the opportunity to access:
-- Critical intelligence on the global aviation, aerospace & defense industries
-- Consolidated, comprehensive coverage of the programs and technologies shaping the industry
-- And much more…

Already registered? here.