{"id":1662199,"date":"2022-09-28T10:07:49","date_gmt":"2022-09-28T14:07:49","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1662199"},"modified":"2022-09-28T10:08:50","modified_gmt":"2022-09-28T14:08:50","slug":"ryanair-says-no-hit-to-uk-bookings-yet-in-wake-of-sterling-fall","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/ryanair-says-no-hit-to-uk-bookings-yet-in-wake-of-sterling-fall\/","title":{"rendered":"Ryanair says no hit to UK bookings yet in wake of sterling fall"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">26<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fryanair-says-no-hit-to-uk-bookings-yet-in-wake-of-sterling-fall%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1662199&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>By Conor Humphries<\/p>\n<p>DUBLIN (Reuters) -Ryanair has not seen any impact on bookings in the United Kingdom in the wake of the recent fall in the value of the pound and increase in domestic mortgage rates, but the market is likely to be challenging, a senior executive said.     <\/p>\n<div id=\"div-gpt-ad-1663871513696-art-1\">\n<\/div>\n<p>\u201cWe\u2019re not currently seeing an impact, but it would be foolish not to say that if interest rates are heading up and household bills are heading up, you\u2019re going to have less money spent,\u201d said Eddie Wilson, chief executive at Ryanair DAC, the largest airline in the Ryanair Group, in an interview.<\/p>\n<p>\u201cThe UK is going to be challenging but we have more options and we are better planned than our competitors,\u201d said Wilson, whose airline is one of the largest operators in the United Kingdom by passenger numbers. <\/p>\n<p>Ryanair often gains passengers from higher-cost rivals during economic downturns, he added.<\/p>\n<p>Economists have warned that British consumers are likely to face a further hike in borrowing costs and the price of imported goods following the pound\u2019s plunge against the dollar after deep tax cuts and deregulation by new finance minister Kwasi Kwarteng.<\/p>\n<p>Economist Julian Jessop warned on Wednesday that Britain\u2019s economy could end up in a \u201cdoom loop\u201d of a falling currency and rising interest rates.<\/p>\n<p>Wilson said he thought that competitors in the UK market might reduce capacity further as a result of the economic turmoil, and also refused to rule out Ryanair shifting capacity out of the country. <\/p>\n<p>\u201cThat\u2019s not anything that\u2019s on the horizon, but we always have the ability to do that,\u201d he said.<\/p>\n<p>Unlike UK rivals, much of Ryanair\u2019s income is denominated in euros and the airline has hedged much of its dollar exposure for aircraft and fuel purchases, Wilson said.  <\/p>\n<p>Wilson declined to comment on the airline\u2019s profit outlook for the year, other than saying that a trend in recent months towards closer-in bookings made it hard to make accurate forecasts. <\/p>\n<p> (Writing by Conor Humphries; editing by Jason Neely, Kirsten Donovan)<\/p>\n<p><a href=\"https:\/\/www.oann.com\/uncategorized\/ryanair-says-no-hit\/attachment\/file-photo-ryanair-aircraft-boeing-737-8as-lands-at-riga-international\/\"><img decoding=\"async\" src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/09\/tagreuters.com2022binary_LYNXMPEI8R0LY-BASEIMAGE.jpg\" alt=\"tagreuters.com2022binary_LYNXMPEI8R0LY-BASEIMAGE\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Conor Humphries DUBLIN (Reuters) -Ryanair has not seen any impact on bookings in the United Kingdom in the wake of the recent fall in the value of the pound<\/p>\n","protected":false},"author":66,"featured_media":1889303,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1662199","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_finder_url":"https:\/\/www.oann.com\/business\/ryanair-says-no-hit\/?utm_source=rss&utm_medium=rss&utm_campaign=ryanair-says-no-hit","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1662199","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/66"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1662199"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1662199\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1889303"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1662199"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1662199"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1662199"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}