Airline

Ryanair profits nearly halved in first quarter results with softer pricing in summer

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Ryanair profits nearly halved in first quarter results with softer pricing in summer

Ryanair's profit after tax in the first quarter of the fiscal year fell 46% to €360 million, compared to the same period last year. While it saw strong traffic growth of 10% to 55.5 million passengers, the timing of Easter holidays and softer than expected pricing for the summer holidays had impac...

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