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Monday, May 23 (15:22)
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Michael O’Leary, CEO of airlines airline said that in Europe the price war continues, but the winner will be just his company from Ireland.
Cut costs and prices caused an increase in occupancy and a 43 percent increase in earnings line for € 1.2 billion (at the end of the financial year), slightly below analysts’ expectations.
For a good result consisted of, among others, Falling fuel prices – from June 2014. become cheaper by 70 percent. Reduction in ticket prices will force now probably the same movement with the largest, low-cost competitors (like Easyjet). Bounce it can also be traditional lines as British Airways, Lufthansa, Air France-KLM.
Ryanair for 2017. Provides 13 percent. upsurge in earnings and a good result also in 2018. During the year, Ryanair shares skyrocketed by 20 percent.
When planning the results of the company must take into account the phenomenon of unpredictable, as the threat of terrorism. Tour operator Thomas Cook said that about 5 proc.rok year decreased the amount of booking summer holidays. Customers give as a reason for the threat from extremists.
Christopher ant
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