Ryanair flies higher after Deutsche Bank changes its mind
The transport team at Deutsche went to ‘buy’ from ‘hold’ on stock in the no-frills Irish giant
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LON:RYA
Ryanair operates a scheduled passenger airline serving routes between Ireland, the United Kingdom, Continental Europe and Morocco. It claims to be Europe's largest airline and is the parent company of Ryanair DAC, Ryanair UK, Buzz and Lauda airlines
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The transport team at Deutsche went to ‘buy’ from ‘hold’ on stock in the no-frills Irish giant
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The Irish firm said average fares fell 17% in the three months to December 31 and could fall by up to 15% in the three months to March 31.
The FTSE 100-listed firm transported 5.6 million passengers in December, up over 15% from the 4.8 million passengers it carried a year earlier.
FTSE 100 and small-cap stocks ended at fresh record highs on Tuesday, the first session of 2017, after being buoyed by higher Wall Street on bullish US factory data, 18-month high oil prices and even bumper Chinese data
So says the publicity-seeking boss of an airline whose name escapes me. Also featured: Sir Philip Green and the chances of him booking a package holiday with Thomas Cook
HSBC, in two separate broker circulars, provided a list of questions it would like to ask both easyJet and rival Ryanair
The ULCC business model enjoys a high global success rate
Profits rose 7% in its first half, while it is raising the number of passengers it expects to carry in the coming years
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