Ryanair talk of Summer fare cuts chills sector

ReutersNewsPublished: July 24, 20172 views
Published: July 24, 2017

Ryanair has warned rivals that it may cut its fares in late summer by as much as 9 percent from last year, triggering a share sell-off by investors concerned about the impact on profitability. As Ciara Lee reports, the company is also giving a stark warning about the impact of a "hard Brexit".

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