Ryanair reported solid FY 18 results supported by the weaker fuel costs, although this should be the last time they decrease. The results could, however, have been higher without the pilot scheduling issue that led to a 17% yoy increase in staff costs. The main concern remains Brexit, while the UK AOC expires at the end of 2018. In FY19, fuel costs are expected to grow by €400m, which will strongly affect Ryanair’s FY results.
21 May 2018
Brexit and oil price tarnish perspectives
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Brexit and oil price tarnish perspectives
Ryanair Holdings Plc (0RYA:LON) | 1,803 0 0.0% | Mkt Cap: 20,530m
- Published:
21 May 2018 -
Author:
Marc Laubel -
Pages:
3
Ryanair reported solid FY 18 results supported by the weaker fuel costs, although this should be the last time they decrease. The results could, however, have been higher without the pilot scheduling issue that led to a 17% yoy increase in staff costs. The main concern remains Brexit, while the UK AOC expires at the end of 2018. In FY19, fuel costs are expected to grow by €400m, which will strongly affect Ryanair’s FY results.