Ryanair's shares slumps on revised profitably forecast and sustained yield weakness

LCC shares were generally down on Monday (27-Jun-09), despite stronger conditions in European, Asian and North American equity markets, as oil prices continue to rise. New York prices climbed USD 20 cents to close at USD68.25 yesterday, while in London, oil prices for September delivery gained USD 28 cents to settle at USD70.60, a level last seen on 01-Jul-09.