Ryanair Quarterly Profit Falls On Lower Fares
Credit: Boeing
Ryanair reported a 21% fall in its fiscal 2020 first-quarter profits to €243 million ($382 million), as average fares declined by 6% and costs rose, hit by a higher fuel bill. “The current weak fare environment has continued into the second quarter and we expect first-half fares to be down...
Subscription Required
This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.
Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.
Already an AWIN subscriber? Login
Did you know? Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.
Related Content
