Ryanair expects growth to slow

Ryanair, Europe's biggest low-cost airline, expects passenger growth to slow in 2013 as it cuts back on short-distance flights in some markets due to higher airport fees, its chief executive told Reuters on Tuesday. "I think the growth will be slower this year," Michael O'Leary said, predicting passenger numbers would increase 3-4 percent to up to 82.5 million in the year to March 2014. That compares with expected growth of 4.2 percent in the Irish airline's financial year ending March 2013. "The summer this year will be mostly flat, most of the growth will happen in the winter of 2013-2014," O'Leary said. O'Leary said the company, which is expanding longer-distance flights, was aiming to order aircraft from aerospace company Boeing in late 2013 or early 2014. He described as "overstated" Boeing's difficulties with the new Dreamliner 787 model, grounded by authorities around the world last week after a series of technical problems. Ryanair is still in talks with the European Commission about a bid to take over Irish rival Aer Lingus, but O'Leary said he expects the Commission to give a green light. "We don't expect it to go to an appeal process because it will be very difficult...