Ryanair Low Fares Made Simple

Secured Debt Coverage €10.9bn RYANAIR LOW FARES. MADE SIMPLE. €0.9bn €3.2bn €6.8bn Total Assets (Book Value) €2.0bn €2.0bn ✈131 unencumbered aircraft (36% of fleet) ✈ Average age of fleet 6 years Secured Debt Other Assets Secured Debt Cash ■Book Value of Fleet 14

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