text: Ryanair Could Profit with High Oil - CEO  MADRID, Spain (Reuters) - Europe's biggest no-frills  airline, Ireland's Ryanair Holdings Plc &lt;A HREF="http://www.investor.reuters.com/FullQuote.aspx?ticker=RYA.I target=/stocks/quickinfo/fullquote"&gt;RYA.I&lt;/A&gt;, will turn a  profit even if oil prices hit \$75 a barrel, Chief Executive  Michael O'Leary was quoted saying on Sunday.