22-Apr-2009 10:08 AM
Aeroflot sinks, Iberia steady, Ryanair soars – SHARE WRAP
Analysis
Ryanair's shares soared 4% yesterday (taking gains so far this year to 11%), as CEO, Michael O'Leary, stated he expects the carrier to report a "substantial" increase in profit this financial year, despite a 10-15% reduction in yields. April traffic would show a double-digit increase, according to O'Leary, accounting for the early Easter last year (falling in March).
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