Ryanair (RYA ID) CEO says close-in booking in May and April are very strong and stronger than what the co. expected

Ryanair's CEO highlighted unexpectedly strong close-in bookings for May and April, indicating robust demand in the near term.

Newsquawk StaffPublished On the live feed at 9 more headlines followed before this page went public
Newsquawk headlinesUTC

UAE Energy Minister says not going to shock oil market with supply

Hilton (HLT) says FY revenue per available room strength is expected to move downstream from luxury and upper upscale into lower and mid chain scales

Ryanair (RYA ID) CEO says close-in booking in May and April are very strong and stronger than what the co. expected

UPS (UPS) CEO says Amazon (AMZN) accounted for 8.8% of its business at end of Q1, down from a high of more than 13%

[ANALYSIS] OpenAI reportedly misses targets, stoking data centre spending concerns

Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.

Free. No signup, no card.
  • Demand further out into July, August and September is a bit weaker, needs some price stimulation.
  • Moving towards average fares for fiscal year to March 2027 being flat vs previous forecast for 4-5% growth
  • Fuel companies have become much more confident on jet fuel supplies in the last week or two.
  • Think the risk of a jet fuel supply disruption is receding.
Context

However, the weakening demand projection for the summer months necessitates fare adjustments, which led to a revised outlook for average fares now expected to remain flat. The easing of jet fuel supply concerns could provide stability, yet the earnings impact will hinge on fare strategies in the face of potential seasonal demand dips.

Related headlines

The whole workspace, free to try.

Try it free