Airline

Ryanair reports 43% rise in FY2015 profits

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Ryanair reports 43% rise in FY2015 profits

Ryanair has reported full year profits after tax of €1.242bn, a 43% increase on the prior year. Revenue rose by 16% to €6.536bn. Traffic grew 18% to 106 million as load factor jumped 5% points to 93%. The airline’s average fare dropped 1% to €46 as unit costs fell 6% (ex-fuel down 2%). “FY...

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