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Ryanair talk of Summer fare cuts chills sector | Webmarked News

Ryanair talk of Summer fare cuts chills sector

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Ryanair has warned rivals that it may cut its fares in late summer by as much as 9 percent from last year, triggering a share sell-off by investors concerned about the impact on profitability. As Ciara Lee reports, the company is also giving a stark warning about the impact of a “hard Brexit”.

Ryanair talk of Summer fare cuts chills sector

Tags : Cost cutting, Cost cuttingbrexit warning, Moving operations, Lower fares, Ryanair results, Open skies policy, Brexit warning

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