0806 GMT - Ryanair's expectations for fiscal 2026 are prudent, RBC Europe's Ruairi Cullinane and Jakub Glinkowski say in a note. The Irish carrier now expects to recover almost all of the 7% fare decline suffered in the second quarter of the previous year, versus its previous expectation of most but not all. The company continues to expect modest unit cost inflation in fiscal 2026--after deducting savings from fuel hedging--and still offers a low-cost and high-margin business model, they add. Shares are up 5.75% at 24.45 euros. (cristina.gallardo@wsj.com)
(END) Dow Jones Newswires
July 21, 2025 04:06 ET (08:06 GMT)
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