Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any 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 ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
So, with the 152 % increase in Q1 profitability and – more fundamentally important the reported 4% in passenger numbers – is the curse of O’Leary be lifted for Ryanair; transformed into something more endearing and cuddly than the hard bitten reputation of past times? The thing that makes equity investing the dynamic thing it is – for good or ill – is the fact that companies are managed by people and people can adapt to change and challenge, as Mr. O’ Leary is clearly attempting to do now. The fact that 4% more passengers have elected to go Ryanair suggests that he has won through; or at least is not still on the back foot in terms of public appreciation of Ryanair Holdings (RYA).
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