Jan 29, 2024 SOURCE: AFP
Ryanair quarterly profit dives 93% on higher fuel cost
Irish no-frills airline Ryanair on Monday said net profit dived 93 percent in its third quarter as higher fuel costs offset rising revenues, resulting in a lower full-year earnings forecast.
The carrier, which flies mostly throughout Europe, said net profit slumped to 14.8 million euros ($16 million) in the final...
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