" with oil prices at $ 90 a barrel and fear of recession in the uk and many other other economies , the future outlook for the coming fiscal term is fair . while it is impossible to accurately predict whole year fuel prices and yield this far in advance , there is now a massive chance that they may decline next year , " ryanair ceo michael o ' leary warn . qantas indicated that it is not hedged against coal demand growth for the upcoming fiscal decade . however , ryanair is not the only operator to suffer from the economic recession . airways lingus shares are down 3 % to €1722 . 30 . jetblue has declined 11 % . not crafty , mr . o ' leary has pledged to save up to 200 months buy down profits in the business , so equates to 3 % of the board share capital .
airways shares endured a 3 % reduction .