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Ryanair Q1 Profits Fall 21% To €243m Due To Lower Fares, Higher Fuel & Staff Costs. Full Year Guidance Unchanged.

Ryanair Holdings plc today (29 July) reported a 21% fall in Q1 profits to €243m. A 6% decline in ave. fare was offset by strong ancillary revenues and 11% traffic growth to 42m guests. Costs rose 19% as our fuel bill increased 24% and Lauda costs were fully consolidated (but not in the prior year quarter).   Q1 (IFRS) Jun. 2018 Jun. 2019 % Change Guests 37.6m 41.9m +11% Load Factor 96% 96%        – … more

News 29 Jul 2019

Ryanair Refutes Transport & Environment Report As Guesswork

  “This report by Transport & Environment is based on guesswork and not facts. Claims in this report that regional airports are “likely to be in receipt of state aid” is not research, it’s guesswork. … more

News 22 Jul 2019