Ryanair 1Q net profit falls 21%

Credit: By Rob Finlayson
Ryanair reported a first-quarter net income of $78 million ($103.6 million), down 21% from a €99 million profit in the year-ago period. The airline said the results were in line with its guidance. The Irish budget carrier blamed the sharp drop in profitability on the timing of Easter, slight pound...

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