Analyst Views: Are you as disappointed as the market in Ryanair?
STEPHEN FURLONG DAVY
“Putting today’s announcement into perspective, the airline is still in line for a record second quarter and full year…. We continue to see Ryanair as one of the industry-leading players with a renewed growth story, higher and rising returns over the medium term and material free-cash generation.
DONAL O’NEILL GOODBODY
“This is a surprise statement from Ryanair and comes contrary to some of the commentary from the peer group and indeed Ryanair’s own commentary at its June investor days… The stock and sector will likely sell off heavily on the back of this news.
JONATHAN JACKSON KILLIK
“Management will be selectively reducing capacity over winter in order to improve yields… in addition to rolling out lower fares and ‘aggressive’ discounts. We would use the recent weakness in the prices of Rolls-Royce and GKN to gain exposure to the civil aviation sector.