FY 2016 Results

Current Developments ✈ AGB 3 launched - Fwd bookings rising ✈ Comps can't match RYR prices / costs - gap widens ✈ Cheaper fuel hedged for FY17 (95%) & FY18 (44%) ✈ Ryanair Labs improves ancillary cross selling ✈ Terrorist events & ATC strikes dampen demand ✈ E.U. capacity growth weakens pricing ✈ Cautious FY17 guidance - fares lower RYANAIR LOW FARES. MADE SIMPLE. 11

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