Ryanair expects flight fares to be forced to "5mC-10pc.

Michael O'Leary said he expected the merger between British Airways and Iberia, the fleet moves other carriers Europe, to keep the growth of the ability to check.

"If there are no significant capacity increases in the next year or two, I am not surprised to see the tariffs can be traced to 5MC-10pc", he said."I would expect BA, Air France and Lufthansa to cut capacity and raise the tarifs.Je thinks we'll follow up behind them."

After seeing a 12pc rise in tariffs means of Ryanair in the summer, Mr. O'Leary said he expected the average increase in the winter now to be towards the upper end of a previous 5mC-10pc range.

On the back of the Ryanair is now forecasting the whole of the net profits of 380 million euros-€_400 m – maximum of previous directives-€_375 m EUR 350 million.

Despite most likely benefits throughout the year, some analysts have been disappointed that figures half where pre-tax profits rose 419 m € 483 million euros on 23pc revenues to. 2 EUR 18bn.The numbers came after a weaker provision of EUR 32 million for the interruption of volcanic ash as EUR 50 million originally signalĂ©e.Les shares slid 15 cents to €3.98.

Gert Zonneveld, an analyst at Panmure Gordon, said: "half figures are slightly lower than consensus, but the new directive throughout the year is online."

In a half where the number of passengers increased 10pc 40.1 m, adjusted profit net rose 17pc Ryanair .orientation EUR 452 million involves losses to the harsher winter season half.

Mr. O 'Said Leary does not share the optimism of BA Director Executive Willie Walsh, the aviation industry had transformed the coin.Notant industry was renowned for its surprises, Mr.' Leary, said: "" anyone who believes that the aviation industry is the worst talk-leur.""

He thought it might still be "duplicate" United Kingdom - recession but saved the Government spending cuts, saying that he had reason to "cut in early and cut deep."

However, he criticized the response of the Government for the Yemeni, mail bombs saying: "' people need to maintain some sense of the proportions.Sinon we give these nutters in a cave in the Yemen any victory." "

He added that the prohibition of bottled water red lips and mascara had "" no effect on the security that this soit.clairement terrorists have not been how to make their plastic explosives in a tube of less than 100 ml.Il a mind bogglingly stupid, ", he said."


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