Gillen Markets

is still backing Ryanair’s moneyspinning potential despite moves to unionise the company.

The stock-pickers say Ryanair’s fares are still far lower than other airlines and it has been making strides to improve its image.

Ryanair’s shares traded at an attractive 13 times expected earnings (in the year to March 2018), it added.

Many companies are trading at 20 times earnings and above due to the huge volumes of cash invested in shares in recent years.