Tuesday, July 28, 2009

Budget airline Ryanair cuts profit forecast

LONDON, July 27 ?Budget airline Ryanair trimmed its full-year profit forecast today as it was forced broadband comparison cut fares to fill aircraft, sending its shares down 12 per cent Best Broadband Deal hitting the broader airlines sector.

Ryanair, famed for its fixation on cuttings costs, squeezes its customers by charging stiff penalties for excess baggage, booking fees on certain credit cards and has even wireless customer service a fat tax?on heavier passengers and coin-operated toilets

Investors shrugged off the Irish carriers better-than- expected first-quarter profit, which was largely boosted by lower fuel costs, and focused instead on its warning that full-year net profit would come in towards the bottom Tmnet Bill a ?00 (RM1 Mbps Speed million to ?00 million (RM1.5 billion) range due to falling yields.

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