Airline

Ryanair profits dip 16% amid lower fares and delivery delays

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Ryanair profits dip 16% amid lower fares and delivery delays

Ryanair's full fiscal year profits after tax dipped 16% to €1.6bn, despite passenger numbers climbing 9% to a record 200.2 million.Ryanair group CEO Michael O'Leary said the 7% decline in fares had driven the surge in passenger numbers, though also contributed to the drop in profits. The company's...

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