Nov 03 Bulgaria 2 Report from London Nejra Cehic

Ryanair's stock reached a record high as the airline upgraded its profit goals for the second time this year. CEO Michael O'Leary aims for profit growth after a decline in 2014, expecting a 16% traffic increase this winter. Despite a slight fare dip, annual traffic is projected to rise by 9%, with profits up by 45%. O'Leary is expanding the customer base to include older travelers, families, and corporate clients. He notes that economic slowdowns may benefit Ryanair as consumers become more price-sensitive. However, second-quarter profits fell short of analyst expectations.

What significant milestone did Ryanair's stock price achieve recently?

• It decreased significantly due to market conditions.

• It remained unchanged from the previous year.

• It reached its lowest level since 1997.

• It hit its highest level since the company went public.

What is the expected traffic growth for Ryanair this winter?

• 4%

• 9%

• 16%

• 45%

How much are Ryanair's profits expected to rise over the last year?

• 4%

• 9%

• 16%

• 45%

What new customer segments is Ryanair aiming to attract?

• Teenagers and students

• Older travelers and families

• Luxury travelers

• Budget backpackers

How might a slowdown in the European economy affect Ryanair?

• It could negatively impact Ryanair's profits.

• It could lead to a decrease in customer demand.

• It could benefit Ryanair as people become more price-sensitive.

• It could force Ryanair to increase fares.