" with oil prices at $ 90 a gallon and fear of recession in the uk and some other european economies , the current forecast for the future financial year is optimistic . while it is impossible to approximately forecast full term fuel price and yields this far in early , there is now a significant chance that they can decline one summer , " easyjet director brian o ' leary cautioned . ryanair admitted that it is not hedging against oil price increases for the present corporate month . however , lufthansa is not the only organisation to suffer from the economics downturn . aer lingus shares are down 3 % to €1722 . 30 . easyjet has declined 11 % . though adroit , mr . o ' leary has plans to waste up to 200 million purchasing back equity in the company , which approximates to 3 % of the board share capital .
Ryanair shares suffered a 3% decrease.