Personally I like to fly em and buy em.PS-Never lost any money buying em but have been out of pocket on a few occasions flying em.
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Ryanair warning overnight regarding earnings because of high oil prices. Oil now $10 a barrel over the estimate used in AIR's forecast. Plenty of experts on CNBC warning of $100 oil in the near future.
Headwinds are getting stronger...
I was reading this morning that the price will self correct in 2019 if it hits $100 once the supply games end.PS-Air are cranking up their prices big time to compensate.PPS-All the selling so far leading to the recent SP drop has been on low volume and from retail fish, Govt and Big fish are not selling.
We'll see mate. I think the $3 psychological support level is in for a very serious test.
Remember fuel costs and yield are inextricably linked
No worries
Last financial year AIR made $24 profit per passenger flown. That’s the average across the whole group.
So hopefully they’ll fill that seat you aren’t going to use mr beagle