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The market is concerned over price cuts to attract more passengers
Thursday 27 Jul 2017 Author: Lisa-Marie Janes

Friday 28 July

Following Ryanair’s (RYA) guidance for an 8% decline in fares on Monday (24 Jul), investors should be scanning British Airways-owner International Consolidated Airlines (IAG) half year results on 28 July.

While Ryanair posted healthy profits, the market was concerned that its aggressive pricing model would spread to other airlines and reduce profit margins.

The market should also look for any potential fallout for subsidiary British Airways after it was forced to cancel 479 flights over the May bank holiday due to a systems failure.

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