Ryanair expects fares and yields will continue to fall in the reminder of its fiscal year due to a combination of increased competition and softer economic conditions across Europe, and has revised its full-year net profit guidance down to between €500 million ($675 million) and €520 million. Europe’s largest low-cost carrier expects fares to drop 9% in the third quarter and by 10% in the fourth quarter ending March 31, 2014. Average fares, including checked baggage fees, fell 2% ...

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