Slump in value of sterling sees Ryanair cut earnings forecast

Ryanair has reduced its full year net profit guidance by five per cent as the value of sterling continues to fall. The low-cost carrier cut its forecasts from a previous range of €1.375-€1.425 billion to a new range of €1.30-€1.35 billion earlier. (www.breakingtravelnews.com) Ещё...