Ryanair Clings to Profit Goal as Fare Cuts Counter Brexit Risk

  • U.K. vote, terror wave pose ‘significant’ downside threat
  • Discount carrier will reduce London exposure this winter

Ryanair Sees Continuing Brexit Turbulence in Flight Path

Ryanair Holdings Plc surprised investors by sticking to its fiscal 2017 profit forecast with a plan to lower fares to lure more passengers even as Britain’s decision to quit the European Union and a string of terrorist attacks in major European markets weigh on demand.

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