By - Tim Gunstone
Ryanair is cautious about future growth…it blames oil prices, I would like to know if customer mobile browsing habits or Facebook is also an issue?
The Irish Times on Wednesday last week told us “Despite plans to cut its winter capacity, and the hedging the airline has put in place, it expects its fuel bill will rise by €350 million in its 2012 financial year. As a result, net profit is expected to remain flat at about €400 million, a level that falls considerably below previous market expectations of €490 million.”
For the full story go to http://www.irishtimes.com/newspaper/finance/2011/0524/1224297637594.html