Ryanair Expects Aircraft Delivery Delays to Hurt Profits, Push Up Fares, FT Reports
09 Janvier 2024 - 10:55AM
Dow Jones News
--Ryanair expects aircraft delivery delays to hurt profits and
raise fares, especially over the key summer period, the Financial
Times reports, citing an interview with CEO Michael O'Leary.
--O'Leary said Ryanair could be between five and 10 aircraft
short of expectations over the summer with expected passenger
levels for fiscal 2025 falling to around 200 million from 205
million and profits falling by up to 2.5%, the FT reports.
--Ryanair didn't immediately respond when approached for comment
by Dow Jones Newswires.
Full story: http://tinyurl.com/nhfmwwxd
Write to Ian Walker at ian.walker@wsj.com
(END) Dow Jones Newswires
January 09, 2024 04:40 ET (09:40 GMT)
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