Neil Wilson on Ryanair
Last quote by Neil Wilson on Ryanair
Ryanair's trouble is that it has huge exposure to the UK market and sterling, but earnings are booked in euros. The company's response to the drop in the pound – to aggressively lower fares to grab market share while expanding routes – doesn't help profits in the near term. But going forward the growth in traffic will help put it on a surer footing, particularly as it's also reducing costs.feedback
Feb 06 2017
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