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Ryanair CEO says oil is hurting
“Rising oil prices are hurting Ryanair, Chief Executive Michael O’Leary said on Wednesday, but Europe’s biggest low cost airline can still avoid making a loss with oil prices at $125 a barrel.
“With oil at $125 (a barrel) … we certainly won’t make a lot of money,” O’Leary told reporters. “I don’t think we will lose money.””
Link: http://uk.reuters.com