Summary
LOW-COST airline Ryanair today warned full year profits will be at the lower end of expectations due to aggressive action in slashing fares to attract cash-strapped fliers.
The group, headed by flamboyant boss Michael O'Leary, said annual net profits are now expected at between pounds 172.8m and pounds 259.2m.See the full content of this document
Extract
Ryanair to Build Growth On Cuts
Ryanair cut fares by 13% on average over the three months to June 30, which meant first ...
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