Ryanair CFO Says 4Q Fares Will Be 'Slightly Up' Due to Easter

Ryanair's CFO discusses the company's €750 million share buyback and cautious financial guidance amid union challenges and market conditions. Despite a 12% profit increase, Ryanair remains cautious due to fuel cost headwinds and limited market visibility. The company is expanding with new routes and a Boeing order, while navigating union negotiations and Brexit uncertainties.

What financial measure did Ryanair commit to in order to reassure shareholders?

• A €750 million share buyback

• A €1 billion investment in new aircraft

• A €250 million marketing campaign

• A €500 million dividend payout

What is one of the potential tailwinds for Ryanair mentioned in the discussion?

• Rising competition from new airlines

• Decreased passenger demand

• Overcapacity in the airline industry

• Increased fuel prices

What is Ryanair's target for customer growth by 2024?

• 150 million customers

• 180 million customers

• 200 million customers

• 250 million customers

Which new routes are part of Ryanair's expansion strategy?

• New routes to Africa

• New routes to South America

• New routes to Jordan

• New routes to Australia

What is Ryanair's approach to potential acquisitions like Alitalia?

• Avoiding any market expansion

• Partnering with competitors for joint ventures

• Focusing on organic growth and strategic opportunities

• Aggressively pursuing acquisitions

How has Ryanair responded to union recognition demands?

• By reducing pilot salaries

• By outsourcing pilot jobs

• By recognizing unions and negotiating pay increases

• By refusing to negotiate

What impact has Brexit had on Ryanair according to the CFO?

• Improved relations with the EU

• Uncertainty and impact on forward bookings

• Reduced legal expenses

• Increased passenger numbers