Ryanair profit warning

Irish airline Ryanair, the budget carrier Europeans love to hate for its poor customer service and often extortionate "extra" costs, has issued a shock profit warning, sparking a share price plunge across Europe's airlines sector. Ryanair's shares fell 15 per cent after it said it could miss profit forecasts, blaming intense competition and falling airfares.

By InvestSMART · 6 Sep 2013

By InvestSMART ·
6 Sep 2013

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Irish airline Ryanair, the budget carrier Europeans love to hate for its poor customer service and often extortionate "extra" costs, has issued a shock profit warning, sparking a share price plunge across Europe's airlines sector. Ryanair's shares fell 15 per cent after it said it could miss profit forecasts, blaming intense competition and falling airfares.

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Ryanair profit warning

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