Ryanair's O'Leary on Bookings, Oil Prices, Ukraine

The transcript discusses Ryanair's response to the cost of living pressures and the impact of the Ukraine conflict on travel bookings. Despite challenges, Ryanair is experiencing a strong recovery in bookings, driven by pent-up demand for short-haul travel. The airline's strategic fuel hedging has positioned it well against rising oil prices, allowing it to offer competitive fares. Ryanair is expanding with new routes and aircraft, while adjusting its operations in response to geopolitical tensions, particularly in Ukraine.

What is one reason Ryanair believes it can withstand cost of living pressures?

• Its high ticket prices

• Its extensive route network

• Its low fares and fuel hedging

• Its reliance on government subsidies

How has the Ukraine crisis affected Ryanair's bookings?

• Bookings increased by 20%

• Bookings decreased by 20%

• Bookings were unaffected

• Bookings remained stable

What is a major challenge for airlines due to rising fuel prices?

• Higher operational costs

• Decreased passenger demand

• Increased competition

• More government regulations

What strategic change has Ryanair made in response to the Ukraine conflict?

• Increased flights to Ukraine

• Reduced flights to beach destinations

• Pivoted capacity to other European destinations

• Stopped all European flights

What is Ryanair's approach to handling the impact of geopolitical tensions?

• Seeking government aid

• Increasing ticket prices

• Reducing fleet size

• Offering lower fares

What is Ryanair's expected traffic growth by March 2023?

• 180 million passengers

• 150 million passengers

• 165 million passengers

• 200 million passengers

How does Ryanair plan to maintain its competitive edge?

• By acquiring smaller airlines

• By reducing routes

• By increasing fares

• By leveraging its cost base and fuel hedging