Bloomberg
• Kate Duffy
Ryanair posts record profit while cutting fares and asserting jet-fuel risk is contained via hedging
Ryanair said travel demand remains robust as it reported a record annual profit and cut summer air fares to address price sensitivity. The carrier said its jet-fuel shortage risk has “all but disappeared,” pointing to hedging that insulates European operations—even as it outlined an “armageddon” planning scenario for a broader fuel crunch.
