(S (S (BASENP (NNP Ryanair)) (VP (VBD said) (SBAR (IN that) (S (BASENP (PRP it)) (VP (VP (VBZ is) (RB not)) (VP (VBN hedged) (PP (IN against) (NP (BASENP (NN oil) (NN price) (NNS increases)) (PP (IN for) (BASENP (DT the) (JJ next) (JJ fiscal) (NN year))))))))))) (PERIOD .))