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Ryanair confirms a 470 million Euro net profit for the fiscal year 2007/2008

Dublin, Ireland - "At this time it is too early to make any accurate forecasts in such volatile markets for 2008/09"

Ryanair confirms a 470 net profit for the fiscal year 2007/2008, equal to a 17.5% growth. "At this time it is too early to make any accurate forecasts in such volatile markets for 2008/09. However with oil prices at $90 a barrel and fear of recession in the UK and many other European economies, the current outlook for the forthcoming fiscal year is poor. We remain essentially unhedged for next year",...

AVIONEWS - World Aeronautical Press Agency - 1085488

AVIONEWS - World Aeronautical Press Agency
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