Edition: International | Greek
MENU

Home » Business

Ryanair wary despite profits rise

By: EBR - Posted: Monday, November 7, 2005

Ryanair wary despite profits rise
Ryanair wary despite profits rise

Budget airline Ryanair has reported a 18% jump in half-year profits but said it remained cautious about its prospects in the coming winter season.

The Dublin-based carrier said its net profits rose to a record 237m euros (£160m; $280m) in the six months to the end of September.
Ryanair's half-year results topped analysts' expectations.
But boss Michael O'Leary said: "We... remain cautious in our outlook for the remainder of the fiscal year."
The winter season is traditionally a quieter time for many airlines.

Fuel surcharge
Ryanair said its fuel costs had more than doubled during the six months to 30 September. It added that it expected costs to remain high "for some time".
But the airline said its decision not to impose a fuel surcharge on customers had helped it increase the number of passengers it carried during the period by almost 30% to 18 million.
Ryanair announced it was planning to allow its passengers to gamble during flights.
The company said the move could eventually do away with the need to charge air fares.

READ ALSO

EU Actually

Is a new euro crisis looming?

N. Peter KramerBy: N. Peter Kramer

In his weekly column N. Peter Kramer writes the interest rate differential between French, Belgian and Italian bonds and German is widening rapidly. The markets are targeting the eurozone countries with the highest debt. Is a new euro crisis looming?

Europe

How the EU’s Single Market Could Unlock Enlargement

How the EU’s Single Market Could Unlock Enlargement

Much has been said of the changes Brussels is trying to make to the EU enlargement process. Here’s why gradual integration might—or might not—be the answer.

Business

Businesscraft: Japan’s Quiet Discipline for a Fractured World

Businesscraft: Japan’s Quiet Discipline for a Fractured World

For almost thirty years after the end of the Cold War, geopolitics stayed away from the corporate boardroom. Geopolitical considerations belonged to the foreign ministry or to a dedicated risk committee back at headquarters, and rarely crossed a CEO’s desk.

MARKET INDICES

Powered by Investing.com
All contents © Copyright EMG Strategic Consulting Ltd. 1997-2026. All Rights Reserved   |   Home Page  |   Disclaimer  |   Website by Theratron