Ryanair : Set for a restoration of the dividend from FY 2024
>Firm pricing will offset the rise in ex-fuel unit costs - In the summer season, we believe that Ryanair will benefit from: i/ the firm trend in demand (80% of seats offered already sold in Q1 and 40% in Q2) and ii/ the still favourable competitive landscape (in the week of 9-15 May, Eurocontrol recorded a 7% decline in flights on intra-European routes relative to 2019) which is due notably to fleet restructuring at the legacies and delays in new aircraft deliveries....Ryanair Holdings is a holding company. Through its subsidiaries, Co. operates an ultra-low cost, scheduled-passenger airline serving short-haul, point-to-point routes between Ireland, the U.K., Continental Europe, and Morocco. Co. offers over 2,000 scheduled short-haul flights per day serving approximately 210 airports throughout Europe, and flying approximately 1,600 routes. In addition, Co. provides various ancillary services and engages in other activities connected with its core air passenger service, including non-flight scheduled services, Internet-related services, and the in-flight sale of beverages, food, and merchandise.
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