Ryanair lowers profit forecast amid tough competition

Ryanair lowers profit forecast amid tough competition

Ryanair has cut its profit forecast blaming lower-than-expected air fares. CEO Michael O’Leary said Ryanair could not rule out having to cut fares further. Full-year profits are now expected to be in a range of €1.0bn to €1.1bn, compared with a previous forecast of €1.1bn to €1.2bn.

Simone
Simone
IIZard
IIZard 1 year

Slagair

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