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Sunday, November 22, 2009 12:01 AM

Published 11/02/2009 by AIRwise


Ryanair H1 Profit Up 80 Pct, May End Rapid Growth

Irish airline Ryanair posted an 80 percent rise in first-half profit and said on Monday it could reverse its long-standing strategy of rapid growth and distribute cash to shareholders instead.

Ryanair, which has thrived on consumers trading down in the recession,...

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What others report on the same story

Ryanair H1 profit up 80 percent - [11/02/2009 - Reuters UK]
Ryanair may reverse growth strategy - [11/02/2009 - Reuters UK]
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Quotes

...aircraft maker. "We see no point in continuing to grow rapidly in a declining yield environment, where our main aircraft partner is unwilling to play its part in our cost reduction programme" Ryanair chief executive...
Ryanair H1 Profit Up 80 Pct, May End Rapid Growth [AIRwise - 11/02/2009]
...O Leary said. "If we cannot invest our surplus cash efficiently in new aircraft, then we should distribute it to shareholders" O Leary added...
Ryanair H1 Profit Up 80 Pct, May End Rapid Growth [AIRwise - 11/02/2009]

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