Ryanair profits plunge by nearly half amid lower summer fares
by Mark Sweney from World news | The Guardian on (#6PCT4)
Europe's largest airline says passengers are waiting until later in the season to book tickets
Ryanair has said its profits plunged by almost half between April and June and warned that fares this summer would be materially lower" than last year.
Europe's largest airline reported profits of 360m (303m) in the spring quarter, 46% lower than the same period last year, despite passenger numbers rising 10% to 55.5 million.
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