Ryanair: Strong Signs Of Growing Recovery

Retirement Pot profile picture
Retirement Pot
1.8K Followers

Summary

  • Ryanair passenger numbers are still well below pre-pandemic levels, but they are recovering fast, and it might break even this year.
  • Its recovery showcases how well run the airline is, and that could help positive momentum on the shares continue.
  • I think it is fairly valued so remain neutral even though the price could bubble up on good traffic figures.

Stansted Airport Operates Limited Passenger And Freight Flights Amid Coronavirus Lockdown
Chris J Ratcliffe/Getty Images News

European budget airline Ryanair (NASDAQ:RYAAY) has had strong passenger numbers lately compared to before vaccination campaigns in Europe geared up. My investment thesis is that the recovery is already priced in. But I think there may

This article was written by

Retirement Pot profile picture
1.8K Followers
I am a private investor based in the United Kingdom and most interested in equities in the U.K., U.S., Canada and Norway.

Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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