across the board for airlines.
lufthansa up 1.5%.
>>> and the trouble with
airlines really is that it's not
just the fall in sterling that's
hitting the likes of easy jet,
ueg and, of course, this morning
ryanair over capacity falling
ticket prices, terrorism scare.
every where you look it's bad
knews and ceos are trying to put
out fires.
>> they are.
at the same time cabins are full
especially in the likes of
ryanair, for example and there's
a lot of heavy discounting
that's going on.
a lot of analysts saying are
they the victims of all of this
or actually setting the prices?
there's a real price war going
on.
>> they've been the front-runner
on bringing down prices.
the average air at ryanair is 40
or 45 pounds or dollars.
>> it's low.
>> michael o'leary saying this
lower profit guidance is about
being prudent in the current
environment.