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![](https://corporate.ryanair.com/wp-content/uploads/2017/04/ryanair-aircraft-11-1-555x429.jpg)
Q3 profit falls 8% to €95m: Fares decline by 17% while traffic grows 16%
EX-FUEL UNIT COSTS CUT 6% Ryanair, Europe’s No. 1 airline, today (6 Feb) reported that Q3 profits fell 8% to €95m, as average fares fell by 17% to just €33 per passenger, while traffic grew 16% to 29m customers. Q3 unit costs were cut by 12% (ex-fuel unit costs were down 6%). Ryanair’s CEO Michael O’Leary said: “As previously guided, our fares this winter have fallen sharply as Ryanair continues to grow traffic … more
News
06 Feb 2017