UPDATE 1-Ryanair CEO says fuel still unhedged in Q4

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DUBLIN, Aug 14 (Reuters) - Ryanair Chief Executive Michael O'Leary said on Thursday the airline remained unhedged on fuel for its fourth quarter and its outlook was unchanged. "We're still unhedged for Q4, we haven't extended our hedging programme any further," O'Leary told Reuters in a telephone interview.

O'Leary said last month that a failure to hedge against high fuel prices and a consumer downturn could plunge Europe's largest low-cost carrier into the red for the first time in almost two decades.

Ryanair said in July it expected a full-year result between breakeven and a loss of 60 million euros ($89.86 million) on the basis of its existing fuel hedges, fourth-quarter oil prices estimated at around $130 per barrel and average fares falling by 5 percent.

Oil was trading at $117 a barrel on Thursday.

"We have not changed the guidance, but you don't need to be a genius to work out oil is not at $130 a barrel," O'Leary said on Thursday. (Reporting by Andras Gergely; Editing by Erica Billingham)