Ryanair’s disappointing summer season is over. In results yesterday, the airline announced fares are stabilising, passenger numbers continue to rise and earnings per share are slightly up. Full year guidance has honed in on €800-900 million. The share was up 8 per cent on the close. The airline industry had it tough in the first half of the year. Weak demand across Europe wasn’t helped by over-capacity in Germany and Austria. Or a summertime price war. Ryanair and other airlines reacted by grounding planes, the result of which is that Ryanair’s fares have stabilised. Fares are down 6 per cent on…

Join The Currency

INTRODUCTORY OFFER: Full annual membership for just €200.

Don’t miss out on what is going on with our daily unique stories from our team of skilled journalists and insightful commentators.

Members of The Currency get full access to over 4,000 exclusive interviews, investigations, and analysis, plus over 460 podcasts.

Annual membership is just €200 for the first year, a saving of €100.

Or try The Currency for the first month for a special introductory rate of €5, a saving of €20.

Cancel at any time.

To become a member today click here.