26th Sep 2006 07:04
Ryanair Holdings PLC26 September 2006 Ryanair Hedge January to March 2007 at $73 per barrel Ryanair Holdings PLC today (Tuesday, 26th September 2006) announced that it hadhedged its fuel requirements for the period from January to March 2007 at a rateequivalent to $73 per barrel of Brent crude. ENDS. Tuesday, 26th September 2006 For further information Howard Millar Pauline McAlesterplease contact: Ryanair Holdings Plc Murray Consultants www.ryanair.com Tel: 353-1-8121212 Tel: 353-1-4980300 Certain of the information included in this release is forward looking and issubject to important risks and uncertainties that could cause actual results todiffer materially. It is not reasonably possible to itemise all of the manyfactors and specific events that could affect the outlook and results of anairline operating in the European economy. Among the factors that are subject tochange and could significantly impact Ryanair's expected results are the airlinepricing environment, fuel costs, competition from new and existing carriers,market prices for the replacement aircraft, costs associated with environmental,safety and security measures, actions of the Irish, U.K., European Union ("EU")and other governments and their respective regulatory agencies, fluctuations incurrency exchange rates and interest rates, airport access and charges, labourrelations, the economic environment of the airline industry, the generaleconomic environment in Ireland, the UK and Continental Europe, the generalwillingness of passengers to travel and other economics, social and politicalfactors. Ryanair is Europe's largest low fares airline with 16 bases and 393 low fareroutes across 24 countries. By March 2007, Ryanair will operate an entire fleetof 133 new Boeing 737-800 aircraft with firm orders for a further 116 newaircraft, which will be delivered over the next 6 years. Ryanair currentlyemploys a team of 3,300 people and expect to carry approximately 42 millionscheduled passengers in the current year. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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