0736 GMT - Ryanair's fares into the first quarter of fiscal 2026, supported by the timing of Easter in April, were already likely to be strong, but their expected acceleration would be in line with spring 2023 when pent-up demand after travel reopened saw profitability soar, Bernstein analysts say in a research note. The Irish low-cost airline says it expects 1Q fares to be up by a mid-high-teen percentage compared with the prior year. On the back of this expectation, it wouldn't be surprising for 2Q fares to rise by a mid-single-digit percentage, Bernstein says. Shares trade more than 3% higher at 23.28 euros. (pierre.bertrand@wsj.com)
(END) Dow Jones Newswires
May 19, 2025 03:36 ET (07:36 GMT)
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