10863 Ryanair Profits Plunge By 47%

Ryanair says it expects to be loss-making over the next six months after forecasting a drop in average fares of between 15% and 20%.

[url=http://uk.news.yahoo.com/21/20081103/tuk-ryanair-profits-plunge-by47-6323e80.html]Ryanair profits plunge by 47% - Yahoo! News UK[/url]

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General chat about Italy

they just cant sell those kit kats ..........

30/40 pence for a Kit Kat here in London. 80 cents in Italy normally. At Ciampino Airport - €1.80!!!

will this make them money? :eerr:

[ame=http://www.youtube.com/watch?v=2lZEVFACYAc]YouTube - Mr Superfly (Full Length Video) buzz zznq[/ame]

In the scheme of things I don't think Ryanair is doing so badly, especially when you compare this to the fate of Alitalia, XL and Sterling to name a few.

Whilst it wasn't in this article, did anyone pick up on O'Leary indicating that Ryanair is going transatlantic with one-way flights for €10 plus tax!! It will be interesting to see how BA, AA and Virgin respond to that.

He said that business class will be on offer, but much more expensive. I guess it might even include a free Kit-Kat! [quote=Sally Donaldson;101620]Ryanair says it expects to be loss-making over the next six months after forecasting a drop in average fares of between 15% and 20%.

[url=http://uk.news.yahoo.com/21/20081103/tuk-ryanair-profits-plunge-by47-6323e80.html]Ryanair profits plunge by 47% - Yahoo! News UK[/url][/quote]

tinscara - did you see that Stansted/Lamezia is back from 6th December?

[quote=Russ;101674]In the scheme of things I don't think Ryanair is doing so badly, especially when you compare this to the fate of Alitalia, XL and Sterling to name a few.

[B][COLOR="Red"]Whilst it wasn't in this article, did anyone pick up on O'Leary indicating that Ryanair is going transatlantic with [U]one-way[/U] flights for €10 plus tax!! It will be interesting to see how BA, AA and Virgin respond to that. [/COLOR][/B]

He said that business class will be on offer, but much more expensive. I guess it might even include a free Kit-Kat![/quote]

One way eh? I shudder to think what conditions and charges he'll apply when you want to book your return ticket, which will [I]probably[/I] only be bookable from where you went to...

Another "Hobson's Choice" I fear!

[quote=Sally Donaldson;101620]Ryanair says it expects to be loss-making over the next six months after forecasting a drop in average fares of between 15% and 20%.

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15% & 20% of 1p