racedo said
You quote a 5-10% fare increase ?
Which is it ? 5 or 10% ?
you will find this is what ryanair said. It is there estimate and needed for them to make the estimated profits.
While you are correct that a strong $ against the Euro helps when they sell planes it hurts big time when they buy fuel.
I am not forecasting Ryanair's demise as it can operate at a loss for many years on its asset base. What I am expecting is that it will make less profit this year and go into losses or only tiny profits in later years. Its average fare is too low to make a profit at higher oil prices. The only way oil price is going down is if we have a big downturn.