Sector Focus 

Are airlines nearing capacity?

Are airlines nearing capacity?

Budget airline Ryanair (RYA) is known for its low fares and outspoken chief executive. And it's fair to say that both were the focus of attention following the group's recent profit warning – its second in four months. Chief executive Michael O’Leary blamed "lower than expected" winter fares for the profit shortfall – fares that could fall further still.

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