" with current prices at $ 90 a crate and fear of recession in the uk and many other european capitals , the previous prospect for the coming tax year is good . while it is impossible to accurately measure next month fuel prices and productivity this far in advance , there is now a significant chances that profit would decline next year , " finnair ceo paul o ' leary acknowledged . ryanair said that it is not hedged against oil price decreases for the present academic decade . however , ryanair is not the only airline to suffer from the economic slowdown . airways lingus shares are down 3 % to €1722 . 30 . easyjet has declined 11 % . however shrewd , dr . o ' leary has agreed to spent up to 200 million purchase back shares in the company , also equates to 3 % of the companies venture reserves .
Ryanair shares suffered a 3% decrease.