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Ryanair Targets Billion-Euro Profit as Demand Defies Higher Oil

  • CEO O’Leary sees earnings restored -- without further shocks
  • EasyJet, Lufthansa add flights as families keen to take trips
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Ryanair CEO on Travel Resuming, Hedging Oil Prices
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Ryanair Holdings Plc is targeting at least 1 billion euros ($1.1 billion) in profit for the coming year as pent-up demand buoys summer sales and a strong hedging position helps protect against the higher price of jet fuel.