" with oil prices at $ 90 a pipe and fear of bankruptcy in the uk and many other european economies , the current prospect for the coming fiscal year is poor . while it is impossible to accurately forecast full year fuel prices and yields this well in early , there is now a large opportunity that profits april decrease next year , " ryanair treasurer ryan o ' leary cautioned . ryanair said that it is not hedged against its price increases for the next tax period . however , ryanair is not the only one to recover from the economically decline . lufthansa lingus shares are down 3 % to €1722 . 30 . easyjet has decreased 11 % . however shrewd , mr . o ' leary has plans to spend up to 200 percent purchasing back share in the business , but equates to 3 % of the company share fund .
Ryanair shares suffered a 3% decrease.