Low fares hurt profits low-cost Ryanair

Low fares hurt profits low-cost Ryanair

Ryanair, Europe’s low-cost and low-fare champion, has seen its FY2019 profit drop by 29 percent thanks to… low fares. The Irish LCC announced a EUR 1.02bln profit on May 20, compared to EUR 1.45bln for FY2018. Ryanair at 139.1 million flew 7 percent more passengers,...