Ryanair Holdings plc (NASDAQ:RYAAY) Q3 2024 Earnings Call Transcript

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We are widening – hugely widening the gap between us and our principal competitors in Europe on airport and handling costs, aircraft and ownership costs. And I think that will continue for the next couple of years. So, I have – I think we have a reasonable expectation that the – despite the kind of the surprise or the sudden impact of the OTA on the Q3 numbers we will have a strong year of profitability. And I think realistic prospects of strong pricing through summer ‘24, which will deliver another year of strong profitability in the year ended March ‘25. Neil, I think that’s as much I can add on the seasonality. Any other questions?

Operator: We have no other questions. That does conclude our Q&A session for today.

Michael O’Leary: Great. Okay. Thanks very much, everybody, for participating in the call. Neil is going to do – is going to have a roadshow date through London today, France and our Platinion in Frankfurt, trying to persuade more. Neil?

Neil Sorahan: That’s correct, yes.

Michael O’Leary: Yes. I would try to encourage more European share ownership here. It’s not that we don’t love the Americans, we do. But we are going to need more Europeans on the share register. In the meantime, we will continue to try to execute and deliver. And thank you, we are not doing a roadshow on the Q3. If you are in Paris and Frankfurt want to meet with Neil or me, other than that if anybody wants to come see us here in Dublin over the next coming months, please feel free to do so. And other than that, we will see you at the full year results roadshow in May. Thanks very much everybody. Good to talk to you. Bye-bye.

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