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Cheapskate

5 June 2007 By Fiona Maharg-Bravo

The budget airline is making serious money and has the firepower to buy back far more than the 4% of its shares it plans to. Airlines like to keep a cushion for a rainy day. But Ryanair isn t nearly as cyclical as legacy airlines. It ought to be more generous. Airlines like to keep a cushion for a rainy day. But Ryanair isn t as cyclical as oldstyle flagcarriers. It ought to be more generous.

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