Ryanair 2012 Annual Report Download - page 33

33
Cautionary Statement Regarding Forward-Looking Information
Except for the historical statements and discussions contained herein, statements contained in this report
constitute ―forward-looking statements‖ within the meaning of Section 27A of the U.S. Securities Act of 1933, as
amended (the ―Securities Act‖), and Section 21E of the U.S. Securities Exchange Act of 1934, as amended (the
―Exchange Act‖). Forward-looking statements may include words such as ―expect,‖ ―estimate,‖ ―project,‖
―anticipate,‖ ―should,‖ ―intend,‖ and similar expressions or variations on such expressions. Any filing made by the
Company with the U.S. Securities and Exchange Commission (the ―SEC‖) may include forward-looking statements.
In addition, other written or oral statements which constitute forward-looking statements have been made and may
in the future be made by or on behalf of the Company, including statements concerning its future operating and
financial performance, the Company‘s share of new and existing markets, general industry and economic trends and
the Company‘s performance relative thereto and the Company‘s expectations as to requirements for capital
expenditures and regulatory matters. The Company‘s business is to provide a low-fares airline service in Europe,
and its outlook is predominately based on its interpretation of what it considers to be the key economic factors
affecting that business and the European economy. Forward-looking statements with regard to the Company‘s
business rely on a number of assumptions concerning future events and are subject to a number of uncertainties and
other factors, many of which are outside the Company‘s control, that could cause actual results to differ materially
from such statements. It is not reasonably possible to itemize 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 replacement aircraft and aircraft maintenance services,
aircraft availability, costs associated with environmental, safety and security measures, terrorist attacks, actions of
the Irish, U.K., EU and other governments and their respective regulatory agencies, fluctuations in currency
exchange rates and interest rates, changes to the structure of the euro, airport handling and access charges, litigation,
labor relations, the economic environment of the airline industry, the general economic environment in Ireland, the
U.K. and elsewhere in Europe, the general willingness of passengers to travel, flight interruptions caused by
volcanic ash emissions or other atmospheric disruptions, and other factors discussed herein. The Company disclaims
any obligation to update or revise any forward-looking statements, whether as a result of new information, future
events or otherwise.