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Ryanair posts profit amidst Boeing stand-off
© Cyprus Mail | Ryanair posts profit amidst Boeing stand-off

Ryanair (RYA.I) on Monday reported its first quarterly profit since before COVID-19, but downgraded its annual forecast to a loss of up to 200 million euros ($231 million) on plans to sell discounted tickets over the winter and higher fuel costs.

Europe’s largest budget airline, which operated more flights this summer than any European rival, posted a profit of 225 million euros for the three months to the end of September, marking its first quarterly profit since October-Decemb….. Read More On: Cyprus Mail

Article Source: Cyprus Mail
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