Ryanair: Lower oil prices may not compensate for downturn

Ryanair has focused on the uncertainty in the aviation sector and in the wider economy in its AGM in Dublin today.

The airline said it was not changing its full-year prediction on its performance, which has improved from the previous "breakeven to minus €60m" to a current "breakeven" based on oil remaining at $100 per barrel in the last quarter of the year.