1145 GMT - Ryanair is yet to set out how it will account for a fine of 256 million euros imposed by the Italian competition authority, but one possibility would be to book a charge of 128 million euros in the third-quarter, J.P. Morgan analysts say. The market will likely "look through" any impact from the fine, they add. The analysts expect third-quarter net income of 83 million euros, driven by fares growth of 4%, but lower net income than the prior year mostly due to lower interest. Pricing at low-cost carriers should remain positive over the coming quarters thanks to manageable capacity growth, they add. Shares are down 0.1% at 29.67 euros. (cristina.gallardo@wsj.com)

(END) Dow Jones Newswires

January 05, 2026 06:45 ET (11:45 GMT)

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