" with oil taxes at $ 90 a barrel and fear of recession in the region and many other world economies , the current outlook for the coming fiscal decade is poor . while it is impossible to adequately predicting current year stock prices and wages this large in advance , there is now a significant chance that revenues march decline tomorrow term , " ryanair ceo michael o ' leary cautioned . airways said that it is not hedged against oil price increases for the next fiscal year . nonetheless , ryanair is not the only airline to suffered from the economic downturn . euronext lingus reserves are down 3 % to €1722 . 30 . frills has declined 11 % . however shrewd , hon . o ' leary has plans to fund up to 200 million purchasing back shares in the company , but equates to 3 % of the company head capital .
Ryanair shares suffered a 3% decrease.