May 20, 2019 SOURCE: AFP
Ryanair profit slumps on cheaper fares
Ryanair's annual net profit slumped by almost one third as overcapacity in the European short-haul sector caused it to cut ticket prices, the Irish no-frills airline said Monday.
Profit after tax dropped 29 percent to 1.02 billion euros ($1.14 billion) in the year ending March 31 compared with a year...
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