The party's over: Ryanair's ancillaries are stuttering, to raise fares, slow growth
Ryanair has raised its FY2010 earnings forecast to EUR275 million, as a smaller than expected yield fall (a 12% reduction, rather than the up to 20% reduction previously guided) helped narrow the carrier’s third quarter loss to EUR11 million (compared with EUR119 million in the previous corresponding period). Ryanair CEO, Michael O’Leary, commented that the loss in the quarter was “disappointing, although better than expected”.
