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 â‚¬500 million ($675 million) and â‚¬520 million. Europeâ€™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% ...
THIS CONTENT REQUIRES SUBSCRIPTION ACCESS
You must have an Aviation Week Intelligence Network (AWIN) account or subscribe to this Market Briefing to access "Increased Competition, Weakened Demand To Hurt Ryanairâ€™s Bottom Line".
Current Aviation Week Intelligence Network (AWIN) enterprise and individual members: please go to http://awin.aviationweek.com for access.
Not currently a subscriber? Click on the "Learn More" button below to view subscription offers.