Ryanair Hedge Jan-Mar 2007

Ryanair Holdings PLC
26 September 2006


                      Ryanair Hedge January to March 2007
                               at $73 per barrel



Ryanair Holdings PLC today (Tuesday, 26th September 2006) announced that it had
hedged its fuel requirements for the period from January to March 2007 at a rate
equivalent to $73 per barrel of Brent crude.



ENDS.                         Tuesday, 26th September 2006



For further information       Howard Millar Pauline McAlester
please contact:               Ryanair Holdings Plc Murray Consultants                               
www.ryanair.com               Tel: [phone] Tel: [phone]


Certain of the information included in this release is forward looking and is
subject to important risks and uncertainties that could cause actual results to
differ materially. It is not reasonably possible to itemise all of the many
factors and specific events that could affect the outlook and results of an
airline operating in the European economy. Among the factors that are subject to
change and could significantly impact Ryanair's expected results are the airline
pricing environment, fuel costs, competition from new and existing carriers,
market prices for the replacement aircraft, costs associated with environmental,
safety and security measures, actions of the Irish, U.K., European Union ('EU')
and other governments and their respective regulatory agencies, fluctuations in
currency exchange rates and interest rates, airport access and charges, labour
relations, the economic environment of the airline industry, the general
economic environment in Ireland, the UK and Continental Europe, the general
willingness of passengers to travel and other economics, social and political
factors.



Ryanair is Europe's largest low fares airline with 16 bases and 393 low fare
routes across 24 countries. By March 2007, Ryanair will operate an entire fleet
of 133 new Boeing 737-800 aircraft with firm orders for a further 116 new
aircraft, which will be delivered over the next 6 years. Ryanair currently
employs a team of 3,300 people and expect to carry approximately 42 million
scheduled passengers in the current year.











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