" with oil price at $ 90 a barrel and threat of bubble in the uk and few other other economies , the currently outlook for the current fiscal months is low . while it is hard to accurately forecast full year fuel reserves and returns this well in advance , there is now a significant probability that profits could decline next year , " ryanair ceo michael o ' leary cautioned . frills said that it is not hedged against oil premium growth for the next tax year . additionally , ryanair is not the only operator to plateau from the economic downturn . aer lingus losses are down 3 % to €1722 . 30 . easyjet has declined 11 % . however shrewd , mrs . o ' leary has expected to spend up to 200 million purchasing some shares in the business , which equates to 3 % of the company share capital .
Ryanair shares suffered a 3% decrease.