Published

Ryanair warns shareholders of weaker summer fares as profits slip

  • Ryanair reported weaker-than-expected profits for its first financial quarter, citing a need to "stimulate" flight sales due to consumer caution.
  • The average fare dropped by 15%, with no signs of ending markdowns, according to Ryanair.
  • Group Chief Executive Michael O'Leary warned shareholders that summer fares would be significantly lower than previously anticipated due to a weak consumer backdrop.
Insights by Ground AI
Does this summary seem wrong?
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 57% of the sources are Center
57% Center
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Sources are mostly out of (0)

You have read out of your 5 free daily articles.

Join us as a member to unlock exclusive access to diverse content.