Ryanair sees breakeven result for FY09 as fuel hedges sting

Ryanair is sticking with its August forecast of a breakeven result for the fiscal year ending March 31, 2009, ( ATWOnline , Aug. 14) despite rapidly falling fuel prices, in part because the company is upside down with its fuel hedges, CEO Michael O'Leary acknowledged at Ryanair's AGM in Dublin...

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