Ryanair trims passenger growth target on Boeing delays [Yahoo! Finance Canada]
Ryanair Holdings plc - American Depositary Shares, each representing five Ordinary Shares (RYAAY)
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Source: Yahoo! Finance Canada
That was due to Boeing delivery delays. The plane maker was meant to deliver 15 737 MAX aircrafts next year. But Ryanair assumed that number was high risk due to Boeing's ongoing strikes. Ryanair cut its passenger target for the year to March 2026 to 210 million passengers from 215 million. However, it said lower air fares throughout a poor summer were now increasing. The Irish airline reported $1.95 billion in after-tax profit for the six months to the end of September. It marked an 18% fall from last year as average fares fell 10%. But the group's CEO Michael O'Leary said fares in the current third quarter are set to be only "modestly lower" than the same period last year. Ryanair's CFO said ticket price weakness has been partly due to the impact of high interest rates on consumers. And also the decision by a number of online travel agents to stop selling Ryanair flights in early December following legal and regulatory pressure. But the CFO said the issue with t
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News
- Are Investors Undervaluing Ryanair (RYAAY) Right Now? [Yahoo! Finance]Yahoo! Finance
- Ryanair threatens to drop 10 French regional airports over ‘short-sighted' airline ticket tax hike [Fortune]Fortune
- Ryanair threatens to drop 10 French airports over tax hike [Yahoo! Finance]Yahoo! Finance
- Wall Street Analysts Believe Ryanair (RYAAY) Could Rally 26.33%: Here's is How to Trade [Yahoo! Finance]Yahoo! Finance
- Ryanair Holdings plc (NASDAQ: RYAAY) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
RYAAY
Sec Filings
- 11/21/24 - Form 6-K
- 11/21/24 - Form 6-K
- 11/21/24 - Form 6-K
- RYAAY's page on the SEC website