Recently announced a profit warning saying profits could fall 50% next year. The problem is they are unhedged on fuel for next year, and they state if oil remains at $85 RYA will suffer. The P/E is 12.55, falling to 11.15 next year if we see no more downgrades. There is 0% yield to support the price, which has fallen from 625 to 348.

Looking at the chart RYA are in a very pronounced bear channel, I believe resistance would be the last lower high at 405, with no obvious support apart from the lower line in bear channel 300?. Share is trying to recover now from 350 to 363 today, if it fails to break the 405 resistance and reverses I believe this would be a short signal.

Any views welcome.

You'll love this Cynic.
http://www.dailymail.co.uk/news/article-2283617/Ryanair-just-screwed-What-Dublin-Airport-flight-controller-told-airline-plane-forced-jets-abort-landing.html
To answer your question.
Regarding the chargeback, you would need to bring your dispute and request for compensation to the airline in the way you would with any other dispute seeking money. You should also inform them that you intend to perform a chargeback for the full amount and supply your details so that they can bill you for the amount you agree to pay. Of course if this isn't acceptable the airline should begin negotiation, if they try to go straight to court simply inform the court that negotiations are still ongoing and request the case be 'set aside' in your response using your counter claim with them as proof. As you have acknoledged that you do a owe a debt but not the said debt then your not defrauding anyone. As for making a charge back under the consumer credit act this is your statutory right if you've paid for goods or services that haven't been provided in full.

i enjoyed especially the very last little bit ......

Ryanair came under fire late last year after three of its planes made emergency landings in Valencia, Spain, in just one day.
The criticism prompted outspoken boss Michael O’Leary to defend the budget airline, claiming its safety record over its 28-year history was ‘impeccable’.

Well, I'm off to Perpignan in a few weeks with Ryanair at return cost of £71. So long as they get me there & back, I will be more than happy.......of course if they don't then....I'm working on that! Their website is really annoying though as it tries to sell you lots of add ons which I don't want. I would prefer to use Easyjet, but Montpellier is a bit far away from Narbonne, where I am headed. Also Stansted is much easier for me. Southend airport is now starting to promote itself, so am hoping that Easyjet manage to establish a route to southern France from there. For short haul, I am more than happy to use any of the post 'Skytrain' operators!

watch out for Lydd airport as the answer to the governments landing problems in the south.

Very nice part of the world Harry.

Romney marshes!? Conservationists would never allow it! Quite a tricky engineering feat also I would think.

Just a quick trip & cheap, thanks to a certain Irish Airline!

Kent already has an International Airport - Manston.

be very very wary of the tax implications and other nasties ..... i think it's may not be as tasty as first appears

Thanks Mr C. I have already done a huge amount of research and will have to take professional advice if & when it happens, but I think that it is feasible. I know there are lots of pitfalls, but not insurmountable. Am just conducting research atm. However, I presume that Corbières (Carignan & Grenache) is not an area you would ideally choose? ;o)

Harry much cheaper to rent than buy.

Lydd aiport awaiting planning approval to increase scheduled flights already has a regular flight to Le Touquet, close to M20 and Ashford International rail to London 40 minutes.

some surprisingly good wines are now made in relatively unlikely places
i also concur with hali

"some surprisingly good wines are now made in relatively unlikely places"........eloquently put Mr C! However, to the west is Bordeaux country and to the east is Rhône country, so stuck in the middle isn't such a bad option!

i thought there was sea to the east

http://www.telegraph.co.uk/finance/newsbysector/transport/10285941/Profits-warning-looks-like-comeuppance-for-Ryanairs-motormouth-boss-Michael-OLeary.html

not before time!

3rd Quarter Results

RYANAIR REPORTS Q3 LOSS OF €35M IN LINE WITH GUIDANCE,
TRAFFIC GROWS 6% TO 18M - FARES & UNIT COSTS FALL 9%,
FULL YEAR PROFIT GUIDANCE OF €510M UNCHANGED

Ryanair, Europe's favourite low fares airline today (Feb 3) reported a Q3 Loss of €35m, in line with previous guidance. Traffic grew 6% to 18m passengers. Revenue per passenger declined 6%, as strong ancillary revenue growth offset a 9% fall in fares. Excluding fuel, sector length adjusted unit costs fell by 9%. Ryanair's full year profit guidance remains unchanged at approx. €510m.

Ryanair, Europe's favourite low fares airline

now there's a company that believes its own hype!
i don't think i have ever heard anyone mutter a complimentary word about this bunch, and that's no surprise

StockMarketWire.com
Ryanair said the continuing success of these 'Always Getting Better' initiatives has enabled it to raise its FY traffic forecast from 86m to 87m customers, and move its FY net profit towards the upper end of its (previously guided) 620m-650m euros range.

Ryanair's Michael O'Leary said:
"We now expect slightly stronger traffic growth in the winter schedule, as we open new bases in primary airports at Cologne, Gdansk, Glasgow and Warsaw Modlin, as well as significantly increasing flight frequencies and schedules from Dublin to UK cities, and from Dublin to European capitals.

"While still too early to be confident about H2 fares and yields, the continuing strength of our forward bookings and the improving customer experience leads us to cautiously raise our full year traffic forecast to 87m customers, and our full year profit guidance towards the upper end of our current 620m-650m euros range.

"However, the full year profit outturn continues to be heavily dependent on H2 yields over which we have very little visibility at present. We will give an update on Q3 yield performance at our half year results announcement in early November."