Airline

Ryanair profits falls during the third quarter

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Ryanair profits falls during the third quarter

Ryanair reported on February 6, a 8% fall in third quarter profits to €95 million, as average fares fell by 17% to just €33 per passenger. Traffic grew 16% to 29m customers during the period, however, with Q3 unit costs cut by 12% (ex-fuel unit costs were down 6%). “As previously guided, our f...

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