10-year

10-Year Anniversary Promotion (20% off)

Join GuruFocus Premium Membership Now for Only $279/Year

The largest discount in the last 10 years

Save up to $500 on Global Membership.

Don't Miss It !

Free 7-day Trial
All Articles and Columns »

Baron Funds Comments on Ryanair Holdings PLC

November 22, 2013 | About:

Ryanair Holdings plc 's (RYAAY) share price declined 3.5% in the third quarter. Ryanair is the lowest-cost short-haul airline in Europe. In early September the company cautioned that near-term demand is expected to be weaker than previously expected. This news put pressure on Ryanair's shares as well as those of other European airlines. The company's share price rever sed course quickly and r ecouped much of its lost ground by quarter end. We continue to believe that Ryanair will take market share from incumbent airlines that have higher airport and labor costs. (Aaron Wasserman)

From Ron Baron’s Baron Funds third quarter 2013 letter.


Rating: 0.0/5 (0 votes)

Comments

Please leave your comment:


Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK