Ryanair : The warning on prices firms up and weighs on profitability
>Stronger pressure on prices... - During the conference call, management's tone appeared particularly cautious with the anticipation of continued pressure on prices notably during the heart of the summer season. After a decline of 15% in Q1, yields are expected to be down by around a further 5% in Q2 but a double-digit decline has not been ruled out if stimulation efforts remain in place (management mentioned that the load factor was 0.5% below the target for August a...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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