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Saturday, November 21, 2009 9:58 PM

Published 11/02/2009 by Ireland Business World


Ryanair warns as profits rise by 80pc

Irish airline Ryanair has posted an 80 pc rise in first-half profit, but has repeated that it could reverse its long-standing strategy of rapid growth and distribute cash to shareholders instead.

The airline, which has thrived on consumers trading down in the...

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"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 warns as profits rise by 80pc [Ireland Business World - 11/02/2009]
"If we cannot invest our surplus cash efficiently in new aircraft, then we should distribute it to shareholders" O Leary added
Ryanair warns as profits rise by 80pc [Ireland Business World - 11/02/2009]

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