Manager at 3 00 a. M. Welcome to countdown, im anna edwards. Im manus cranny. Anna theyre sticking to their full year forecast of 1. 375 billion and given what weve heard from lufthansa about the the state of the aviation industry, perhaps that would be seen as no mean feat. They see Second Quarter fares falling at least 6 . We previously heard that ticket prices would fall 5 to 7 in the first half of fiscal 2017. So that that would have been the first two quarters. Not right out of the ballpark. Theyre cutting, theyrey cut winter capacity due to brexit. This is something we heard from another company a week or so ago. That the Eastern European focused airline would be cutting capacity to u. K. As a result. Theyre pivoting growth away from u. K. , this is what was warned about previously. They see second half fares eclining 10 to 12 . They talked about weakness in prigses. Although theyre staking with it, theres Downside Risk. Well speak to ryanairs c. F. O. Joining us at 7 00 u. K. Ti
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