Ryanair confirma que se acabó la bonanza de la aviación
✈ Ryanair's stock price plummeted by 15% on a recent Monday, jeopardizing CEO Michael O'Leary's mega-bonus. This price drop indicates the end of the post-pandemic boom in Europe, with the airline having to lower fares to maintain passenger volume. High-cost airlines like Lufthansa and Air France predict losses; Air France anticipates a 180 million euro revenue shortfall this summer due to the Olympics. O'Leary notes a significant demand decrease in the past two weeks, confirming a market trend that European demand has peaked. Despite strong post-pandemic growth, negative data in the last month suggests a halt in rising airfare and demand, separate from the accommodation sector.
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