|Bid||12.04 x 0|
|Ask||12.05 x 0|
|Day's range||11.88 - 12.56|
|52-week range||8.05 - 16.97|
|Beta (5Y monthly)||1.18|
|PE ratio (TTM)||60.68|
|Forward dividend & yield||N/A (N/A)|
|Ex-dividend date||12 Feb 2015|
|1y target est||14.77|
It's the second time in two months that Ryanair has been forced to cut flights planned for October.
Ryanair has been forced to cut its capacity in October by a further 20% and may have to do the same for the rest of the winter unless European Union governments ease their COVID-19 travel restrictions, it said on Friday. The budget airline, whose Group Chief Executive Michael O'Leary last week described the winter as a "write-off", said it would fly about 40% of the capacity it flew last October, down from a previous target of 50%. "If current trends and EU governments’ mismanagement of the return of air travel and normal economic activity continue, then similar capacity cuts may be required across the winter period," a Ryanair spokeswoman said in a statement.
Italy's national civil aviation authority, which has accused Ryanair <RYA.I> of failing to comply with COVID-19 health and safety regulations, on Thursday said it has held discussions with representatives of the budget carrier. The authority, ENAC, warned last month that it might ban the Irish airline over what it said were systematic failures over safety rules. Ryanair denied violating any of the measures.