-7%

#

The Irish low-cost airline Ryanair says it expects its average fare to fall by 7% this year as it cuts prices to boost its market share amid intensifying...

#

The Irish low-cost airline Ryanair says it expects its average fare to fall by 7% this year as it cuts prices to boost its market share amid intensifying competition, the BBC reports. "If there is a fare war in Europe, then Ryanair will be the winner," Ryanair chief executive Michael O'Leary said. Analysts said rival airlines were likely to follow suit. The cuts came as the budget airline reported a 43% rise in net profit to €1.2bn for the full year to the end of March, just short of analyst forecasts. Mr O'Leary vowed to take market share from rival airlines, saying: "If other airlines want to compete with us on price, then we will lower our prices again."

Publié le 6/06/2016

Devenez enfin bilingue !

Magazine Vocable anglais

Abonnez-vous
au magazine Vocable anglais
pour seulement
4€08
par mois

Magazine Vocable anglais