Ryanair Shares Likely to Remain Subdued

Dow Jones
09/23

0549 GMT - Ryanair's shares will likely stay muted unless jet fuel prices come down or wider industry capacity cuts are seen in short-haul flights, J.P. Morgan analysts say in a note. But the analysts point to some bright spots. The airline has seen an uptick in pricing, a positive signal, they say. Ryanair's move to lower capacity in off-peak winter periods could also bode well, which the company expects the broader industry to do too, the analysts add.

 

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