Ryanair Holdings(RYA)

Sector:

Travel & Leisure

Market Cap

€ 3,727.39m

Change Today

Price Down-€ 0.09

Share Price

€ 2.52

Ryanair and Easyjet blast BAA price hikes

By Rory Gallivan

Date: Tuesday 15 Apr 2008

LONDON (ShareCast) - Ryanair and Easyjet have said they will hold back new landing charges imposed by airport operator BAA pending legal challenges.

Irish budget airline Ryanair said it had written to BAA Stansted protesting the proposed 7% increase in passenger charges, adding that it would seek a judicial review and withhold payment until the outcome. UK-based Easyjet said it will hold back some of the increases pending a legal challenge.

Ryanair, whose two main hubs are Dublin and Stansted, described the price rises as “completely unjustified, coming as they do on the back of a 100% increase in passenger charged imposed by the BAA Stansted monopoly in April 2007.”

Ryanair also took issue with the UK aviation regulator the Civil Aviation Authority for allowing the price rises.

Chief executive Michael O’ Leary said: “'These latest unjustified price hikes by the BAA airport monopoly prove that it is abusing its monopoly power over passengers and airlines at Stansted.”

“They also prove that the CAA is an incompetent and incapable regulator which has yet again put the financial needs of the Spanish owned BAA airport operator above the interests of airport users and consumers which it is obliged by law to protect.”

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

RYA Market Data

Currency Euro
Share Price € 2.52  
Change Today -€ 0.09
52 Week High € 5.77
52 Week Low € 2.22
Volume 4,826,185
Shares Issued 1,479.12m
Market Cap € 3,727.39m
Beta 1.40
RiskGrade 448

Performance Indicators

Compare performance with the sector and the market.
Find out more
Key: vs Market vs Sector
Value
37.7% below the market average37.7% below the market average37.7% below the market average37.7% below the market average37.7% below the market average
50.46% below the sector average50.46% below the sector average50.46% below the sector average50.46% below the sector average50.46% below the sector average
Price Trend
22.09% below the market average22.09% below the market average22.09% below the market average22.09% below the market average22.09% below the market average
17.24% below the sector average17.24% below the sector average17.24% below the sector average17.24% below the sector average17.24% below the sector average
Income Not Available
Growth
48.15% below the market average48.15% below the market average48.15% below the market average48.15% below the market average48.15% below the market average
36.54% above the sector average36.54% above the sector average36.54% above the sector average36.54% above the sector average36.54% above the sector average
Price Chg 6m
Market averageMarket averageMarket averageMarket averageMarket average
Sector averageSector averageSector averageSector averageSector average
P/E
Market averageMarket averageMarket averageMarket averageMarket average
16.22% above the sector average16.22% above the sector average16.22% above the sector average16.22% above the sector average16.22% above the sector average
PEG
Market averageMarket averageMarket averageMarket averageMarket average
Sector averageSector averageSector averageSector averageSector average
Dividend Yield Not Available
EPS Growth
Market averageMarket averageMarket averageMarket averageMarket average
3.33% above the sector average3.33% above the sector average3.33% above the sector average3.33% above the sector average3.33% above the sector average
Operating Margin
Market averageMarket averageMarket averageMarket averageMarket average
60.75% above the sector average60.75% above the sector average60.75% above the sector average60.75% above the sector average60.75% above the sector average

What The Brokers Say

Strong Buy 6
Buy 0
Neutral 8
Sell 3
Strong Sell 7
Total 24
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

RYA Dividends

No dividends found

Trades for 29-Aug-2008

Time Volume / Share Price
16:48 50,403 @ € 2.55
16:47 50,403 @ € 2.55
16:35 469,501 @ € 2.52
16:29 1,086 @ € 2.59
16:29 3,193 @ € 2.59

RYA Key Personnel

CEO Michael O'Leary

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