Feb 07 2017
Continued Brexit uncertainty today prompted Ryanair to present a "cautious" outlook for the remainder of FY17, hot on the heels of low-priced rival EasyJet's January warning that its pre-tax profit for the year will take a heavy hit as a result of the weakness of the pound.
Ryanair's average fares dropped 17 per cent in the reporting period, offset by a 16-per cent rise in passenger traffic.
But it stood by its previous guidance that annual post-tax profit would be in a range from €1.3bn to €1.35bn, although it said that guidance depended heavily on the absence of "security events" affecting bookings in its final two months of the year.
The Dublin-based company said Monday that its net income fell to 94.7 million euros ($102 million) from 102.7 million euros a year earlier.
Looking out into fiscal year 2018, the company is still finalising budget but it seems clear that pricing will continue to be challenging and it will respond to these adverse market conditions with strong traffic growth and lower unit costs.
It expects yields, or average fare per passenger per mile, in the fourth quarter to be down by 15 per cent. Ryanair expects the United Kingdom pound to remain volatile for some time, and said there could be a slowdown in European and United Kingdom economic growth as Brexit moves closer, with uncertainty remaining a challenge.
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As horns blasted and marching bands swirled around him, Iuliam said corruption has always been institutionalized in Romania .
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Shares of Macy's rose as much as 12 percent Friday, its biggest intraday gain since August 11, according to Bloomberg. Last month, Macy's announced plans to cut more than 10,000 jobs and close stores, including one at the Everett Mall.
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She filed a declaration with the courts this week, stating that she "never found any spankings to be excessive in any way". Fast-forward to today where the two sought temporary sole custody over Julian in a Los Angeles courtroom.
While the firm has recently extended its growth deal at Stansted and said there may be further opportunities to expand at United Kingdom airports, it expects growth in the United Kingdom to be "at a slower pace than previously planned".
Robin Byde, a transport analyst at Cantor Fitzgerald, said: "There is too much capacity in the European short haul market and both Ryanair and easyJet have ambitious growth plans".
But he points out that, while fares have fallen over the winter, the airline's load factor rose to 95% over the quarter.
During the third quarter, Ryanair opened five new bases in Bucharest, Romania; Hamburg and Nuremberg, Germany; Prague, Czech Republic; and Vilnius, Lithuania.
"Ryanair expects to announce some additional United Kingdom and European Union growth deals in the coming months, as airports compete for our growth against the hard backdrop of Brexit uncertainty", the airline added.
"We expect sterling to remain volatile for some time and we may see a slowdown in economic growth in both the United Kingdom and Europe as we move closer to Brexit", he said.
Feb 07 2017
Xiaomi set to launch Redmi Note 4X on Valentine's Day
Xiaomi Redmi Note 4X is set for an official release on Valentine's Day, latest reports coming from China can confirm. After launching the Redmi Note 4 previous year , Xiaomi is all set to take the wraps off the follow up smartphone.
Feb 07 2017
Afghan civilian casualties hit all-time high, says UN
The report also documents an increase in attacks from the Islamic State in Iraq and Syria's branch in Afghanistan, known as ISKP. The Taliban, which has been fighting the central government since 2001, called United Nations findings biased.
Feb 07 2017
Djokovic survives Davis Cup scare, champions Argentina slump
Darcis won 6-4 3-6 2-6 7-6 (7-2) 7-6 (7-5) after Kohlschreiber looked set to clinch the match in the fourth set when he led 4-2. The latter led 4-1 in the final set and even had three match points in the 10th game before losing 3-6 6-3 6-4 4-6 7-6 (8-6).
Feb 06 2017
Akhilesh owes his victory in family feud to Mulayam's political training
BJP's Uttar Pradesh chief Keshav Prasad Maurya on Sunday attacked Samajwadi Party alleging it to be anti-development. Akhilesh said he was once apprehensive that he would lose the "cycle" (SP's election symbol).
Feb 06 2017
Dozens Killed in Afghanistan and Pakistan Avalanches
Mohammad Aseem, governor of the hard-hit northern province of Parwan, said 16 people had died in two districts. There are fears the number of deaths will continue to rise as heavy snowfall is predicted for the coming days.
Feb 05 2017
Education secretary nominee seems to know little about education
The turn of events infuriated proponents of the original bipartisan legislation and left Hansen on the verge of tears. Her words do not provide me with any relief over her appointment; indeed, they do not sculpt much of anything at all.
Feb 02 2017
Seaforth set to be destination for human trafficking workshop
Out of the 151 cases of reported human trafficking, 111 were sex trafficking and 24 were labor trafficking. In total, their hotline services handled a record 8,042 cases of human trafficking a year ago .
Feb 01 2017
Trump to uphold refugee deal with Australia - Turnbull
Most of the asylum seekers are Muslims from the Middle East, Africa and Asia. That, he said , is for the United States to decide.
Jan 31 2017
Miss France Iris Mittenaere is Crowned Miss Universe 2017 victor
However, with the pageant now back on in late January for the first time in two year, the ratings took a bit of a hit on Fox. When it came time to announce the victor , there was a lighthearted acknowledgment of the terrible gaffe Harvey made in 2015.
Jan 30 2017
GM moving more than 600 jobs from Canada to Mexico: union
But several industry insiders have argued that Canada is most likely not the target that Trump has set his sights on. The Trump administration has also threatened to impose its so-called "border tax" on cars built in Canada.
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