Monday, July 28, 2008

Ryanair are keeping prices down in climate of high oil prices

aThe Ryanair story keeps unfolding....

http://www.guardian.co.uk/business/2008/jul/28/ryanair.theairlineindustry3
Ryanair will slash fares by 5% over the winter after abandoning plans to raise ticket prices amid fears that cash-strapped passengers will be turned away by costlier flights.
....in order to stay profitable it will need to maintain load factors of around 85% during the worst economic downturn in 20 years.

Ryanair from past posts:




[ryanairStocksOil1.jpg]

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