Ryanair Low Fares Made Simple

Fuel Hedge Update RYANAIR LOW FARES. MADE SIMPLE. Q1 Q2 Q3 Q4 FY FY15 $945 $942 $960 $959 $950 FY16 $934 $935 $876 $828 $898 FY17 $659 $652 $603 $563 (95%) $623 ✈ FY17 95% hedged @ $623 per metric tonne ✈ FY18 87% hedged @ $493 per metric tonne ✈ Lower fuel passed on in lower fares FY18 $508 (90%) $494 (91%) $476 (90%) $490 (75%) $493 (87%) 12

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