Airline

Ryanair reports 21% profit drop

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Ryanair reports 21% profit drop

Ryanair has reported a 21% drop in quarterly profit as it lowered its fares in a bid to drive up passenger numbers. The drop in fares is a direct result of a price war taking place among several airlines in Europe. The airline reported a quarterly profit of €243 million (£219 million) for the thr...

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