Ryanair Warns of a 50% Plunge in Profits ; Aviation
Evening Standard - London › February 04, 2008
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Summary
PROFITS at Ryanair could crash 50% in 2008 as the airline industry heads for a potentially catastrophic recession.
The stark warning came today from Michael O'Leary, chief executive of Europe's leading budget airline, which is responsible for carrying 50 million passengers every year.See the full content of this document
Extract
Ryanair Warns of a 50% Plunge in Profits ; Aviation
The extraordinary profit alert from Ryanair the most pessimistic outlook ever from O'Leary, the enfant terrible of the industry comes as...
See the full content of this document
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