0931 GMT - Ryanair's near-term outlook for plane fares is strong, with several pricing tailwinds like stronger traffic within Europe and constrained supply, JPMorgan analysts say in a research note. The low-cost airline can afford to push or maintain higher prices into the peak summer season, the analysts say as bookings for summer are ahead of their prior-year level. The company also shows potential for earnings upgrades and could continue returning cash to investors, they say. If Ryanair is able to hold around 3.5 billion euros in gross cash, it could return a further 1.5 billion euros to shareholders via share buybacks by March 2028, the analysts say. Shares trade 1.4% higher at 23.81 euros. (pierre.bertrand@wsj.com)
(END) Dow Jones Newswires
May 20, 2025 05:31 ET (09:31 GMT)
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