Airline

Ryanair reports increase in half year profit

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Ryanair reports increase in half year profit

Ryanair has reported an 11% increase in H1 profit to €1.29bn. Traffic grew 11% to 72m thanks to a strong Easter and a 5% reduction in airfares saving customers over €160m in the half year. Unit costs (including fuel savings) fell 5%, ex-fuel unit costs were flat. “These strong H1 results reinf...

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